Wabtec price target raised to $305 from $300 at Susquehanna

Susquehanna analyst Bascome Majors raised the firm’s price target on Wabtec (WAB) to $305 from $300 and keeps a Positive rating on the shares. The firm said the company continues to mitigate tariff and other inflationary pressures effectively, while accelerating backlogs support a path to high-single-digit organic revenue growth into 2027. The company is on track to deliver its long-term earnings algorithm, underpinned by strong execution and clean integration of recent acquisitions.