Wabco Holdings (WBC) Tops Q2 EPS by 3c; Raises Outlook

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Piper Jaffray Raises Price Target on Wabco Holdings (WBC) Following Beat and Raise

July 21, 2016 10:39 AM EDT

Piper Jaffray reiterated a Neutral rating on WABCO Holdings (NYSE: WBC), and raised the price target to $96.00 (from $94.00), following the company's 2Q earnings report. WBC reported revenue of 732.2M, beating the consensus of $708.0M. EPS of $1.43 also exceeded the Street estimates of $1.40. Management raised... More