Goldman Sachs raised the firm’s price target on Wabtec (WAB) to $201 from $175 and keeps a Neutral rating on the shares. The firm cites the company’s Q1 earnings and margins beat, along with the management revealing that Liberation Day tariffs will not apply through May 26th, allowing the supply chain team to optimize its sourcing over the course of the year, the analyst tells investors in a research note.
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