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Fly News Breaks for August 10, 2017
WNC
Aug 10, 2017 | 07:41 EDT
As previously reported, Craig-Hallum analyst Steven Dyer upgraded Wabash to Buy from Hold following the acquisition of Supreme Industries for $21 per share in cash. The analyst likes the move given diversification, accretion and potential for significant synergies. Dyer also raised his price target on the shares to $24 from $20.
News For WNC From the Last 2 Days
WNC
Apr 24, 2024 | 06:55 EDT
WNC
Apr 24, 2024 | 06:54 EDT
Reports Q1 revenue $515.3M, consensus $516.85M. "During the Q1, customer pickups of equipment lagged somewhat behind the pace of our production," said Brent Yeagy, president and CEO. "It's typical for customer pickup rates to vary between quarters, especially in slower years for the industry. We anticipate that the delays experienced in the first quarter will be recovered in subsequent quarters, particularly the second quarter."
