Wabtec price target raised to $220 from $200 at KeyBanc
The Fly

Wabtec price target raised to $220 from $200 at KeyBanc

KeyBanc raised the firm’s price target on Wabtec (WAB) to $220 from $200 and keeps an Overweight rating on the shares. The firm recently attended a Wabtec-hosted analyst meeting and walked away impressed with management’s confidence in its ability to drive profitable growth from international opportunities, continuous improvement programs, and at some point, an accelerating NA locomotive cycle.

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