Wabtec price target raised to $235 from $210 at Susquehanna

Susquehanna analyst Bascome Majors raised the firm’s price target on Wabtec (WAB) to $235 from $210 and keeps a Positive rating on the shares. The firm raised its estimates as the company and appears to be navigating tariff uncertainty. U.S. rail mergers raise questions, but they believe the company’s huge lead in N.A. locomotive and long-term contracts should maintain their trajectory into 2026 even if the map is rewritten into 2027 and beyond.