William Blair Downgrades WABCO Holdings (WBC) to Market Perform; Another Bidder Unlikely

April 26, 2019 10:17 AM EDT
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Price: $136.46 --0%

Rating Summary:
    5 Buy, 19 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 8 | New: 46
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William Blair analyst Lawrence De Maria downgraded WABCO Holdings (NYSE: WBC) from Outperform to Market Perform following proxy and first-quarter earnings,

The analyst notes, "According to the proxy, Wabco and its bankers exhausted other potential buyers for the company and therefore it is unlikely that another buyer emerges."

For an analyst ratings summary and ratings history on WABCO Holdings click here. For more ratings news on WABCO Holdings click here.

Shares of WABCO Holdings closed at $133.22 yesterday.

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