Information Provided By:
Fly News Breaks for January 2, 2020
WAB
Jan 2, 2020 | 08:58 EDT
Stephens analyst Justin Long raised his price target for Wabtec shares to $95 from $86 as he sees a "compelling" set-up for 2020 given negative investor sentiment, recent underperformance of the stock and several potential positive catalysts. The analyst, who keeps an Overweight rating on Wabtec, also noted that he expects management to start calculating adjusted EPS in a way that is more reflective of the cash EPS of the business, which he sees equating to an annual earnings tailwind of 75-95 cents per share.
News For WAB From the Last 2 Days
WAB
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.
WAB
Apr 24, 2024 | 12:00 EDT
Wabtec is up 8.8%, or $13.01 to $161.49.