Wabco Holdings (WBC) Tops Q3 EPS by 1c, Lowers FY15 EPS Guidance

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Goldman Sachs Removes WABCO Holdings (WBC) from Conviction Buy List

October 23, 2015 9:12 AM EDT

Goldman Sachs downgraded WABCO Holdings (NYSE: WBC) from Conviction Buy to Buy with a price target of $123.00 (prior $133.00). Analyst Jerry Revich remains bullish on Wabcos product cycle but noted lower gorss margin forecasts.

"We remain bullish on Wabcos product cycle (9%... More