Wabtec raises annual profit forecast on strong freight and transit demand

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Go back to Wabtec raises annual profit forecast on strong freight and transit demand

Wabtec (WAB) PT Raised to $205 at Stephens

October 24, 2024 6:27 AM EDT

Stephens analyst Justin Long raised the price target on Wabtec (NYSE: WAB) to $205.00 (from $190.00) while maintaining a Overweight rating.

The analyst comments "Wabtec reported a 3Q24 EPS beat, as margins benefited from a favorable mix-shift within freight and WAB realized expense reductions... More