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Fly News Breaks for July 10, 2019
WAB
Jul 10, 2019 | 05:05 EDT
Citi analyst Christian Wetherbee started Wabtec with a Neutral rating and $80 price target. The analyst views the company as primarily a rail infrastructure provider with increasing exposure to North American rail capital expenditures. As PSR implementation is making rails more efficient and volume growth appears to be slowing, capex growth is likely to be more modest near term, Wetherbee tells investors in a research note.
News For WAB From the Last 2 Days
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Apr 25, 2024 | 07:29 EDT
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Apr 25, 2024 | 07:06 EDT
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Apr 25, 2024 | 06:55 EDT
Susquehanna raised the firm's price target on Wabtec to $190 from $160 and keeps a Positive rating on the shares. The firm said its earlier than expected guidance raise and front-half-loaded outlook suggest a shareholder-friendly blend of long-term confidence and prudent 2H conservatism. With no cyclical clouds in sight, Susquehanna remains new-money buyers.
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Apr 25, 2024 | 06:41 EDT
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Apr 24, 2024 | 10:00 EDT
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Apr 24, 2024 | 09:56 EDT
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Apr 24, 2024 | 06:38 EDT
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Apr 24, 2024 | 06:36 EDT
