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Fly News Breaks for March 14, 2016
WBC
Mar 14, 2016 | 09:16 EDT
As previously reported, BofA/Merrill upgraded WABCO to Buy from Neutral. Analyst Ross Gilardi believes WABCO is a more defensive way to play an emerging market bottom and said its a beneficiary of recently mandated autonomous braking and lane departure warning systems in the EU and anti-lock braking systems in India. Gilardi raised his price target to $113 from $105 on WABCO shares.
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