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Fly News Breaks for June 24, 2019
WAB
Jun 24, 2019 | 09:29 EDT
As previously reported, Buckingham analyst Matthew Brooklier downgraded Wabtec to Neutral from Buy and lowered his price target on shares to $81 from $93, with the analyst citing North American freight rail fundamentals being weaker than anticipated, and now seeing greater impact from Precision Scheduled Railroading, or PSR, efforts at multiple Class I rails. Brooklier believes these factors could cause downward pressure in Wabtec's legacy Freight and GET operations, which could result in earnings disappointments over the next year.
News For WAB From the Last 2 Days
WAB
Apr 15, 2024 | 16:23 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WAB
Apr 15, 2024 | 14:45 EDT
WAB
Apr 15, 2024 | 13:35 EDT
WAB
Apr 15, 2024 | 11:47 EDT
