Wabtec price target lowered to $218 from $222 at Susquehanna

Susquehanna lowered the firm’s price target on Wabtec (WAB) to $218 from $222 and keeps a Positive rating on the shares. The firm said they understand revenue growth fears on the back of 4Q’s year-over-year compression and a fresh five-year outlook underpinned more by cost actions than top-line expectations. But with expectations more muted today, we feel the compan has an opportunity to under-promise and over-deliver into 2026.