Wabtec price target raised to $280 from $240 at Susquehanna

Susquehanna analyst Bascome Majors raised the firm’s price target on Wabtec (WAB) to $280 from $240 and keeps a Positive rating on the shares. The firm adjusted rail equipment targets as part of a 2026 outlook. The North America railcar backdrop is “soft but stable,” with locomotive better than feared and momentum in international, the analyst tells investors in a research note. Susquehanna also sees some lingering tariff uncertainty.