Wabco Holdings (WBC) Tops Q2 EPS by 7c; Raises Outlook

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WABCO Holdings (WBC) PT Raised to $150 at Stifel; Firing on All Cylinders

July 21, 2017 7:28 AM EDT

Stifel analyst Michael Baudendistel raised his price target on WABCO Holdings (NYSE: WBC) to $150.00 (from $130.00) while maintaining a Buy rating following solid results and guidance.

Commenting on yesterday's disclosure that the company was nearly acquired in the second quarter, Baudendistel highlights... More

Wabco Holdings (WBC) Was in Advanced Talks for a Buyout, But Deal Was Terminated

July 20, 2017 7:54 AM EDT

In addition to solid earnings today, Wabco Holdings (NYSE: WBC) disclosed that during the quarter it received an acquisition proposal and was in advanced talks to be acquired but the deal was terminated by the buyer.

From today's release:

In Q2... More