BofA raised the firm’s price target on Wabtec (WAB) to $217 from $214 and keeps a Buy rating on the shares after the company posted Q1 adjusted EPS of $2.28, above the firm’s $2.08 estimate and Street’s $2.04 forecast. Wabtec increased its 2025 EPS guidance range and maintained its 2025 revenue guidance range, noted the analyst, who raised the firm’s 2025 and 2026 EPS estimates by 1% each, to $8.70 and $10.05, respectively.
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