Information Provided By:
Fly News Breaks for January 4, 2016
WBC
Jan 4, 2016 | 07:20 EDT
Baird lowered its price target on WABCO to $120 from $147 but said it remained a Top Idea in trucking. The firm admitted to being on the wrong side of the trucking call over the past six months, which have seen a build up in freight hauling capacity and channel inventory, leading to a collapse in orders and build rates. The firm expects organic growth from WABCO due to new contract launches, market share gains and higher penetration. Baird reiterated its Outperform rating on WABCO shares.
News For WBC From the Last 2 Days
There are no results for your query WBC