Wabash price target raised to $27 from $23 at Raymond James

Raymond James analyst Felix Boeschen raised the firm’s price target on Wabash to $27 from $23 and keeps a Strong Buy rating on the shares. Boeschen ultimately sees Wabash as the most direct beneficiary of heightened new dry van trailer demand associated with trailer pool build-outs given its role as a leading dry van trailer manufacturer, the analyst tells investors in a research note.