Wabtec price target raised to $190 from $160 at Susquehanna

Susquehanna raised the firm’s price target on Wabtec to $190 from $160 and keeps a Positive rating on the shares. The firm said its earlier than expected guidance raise and front-half-loaded outlook suggest a shareholder-friendly blend of long-term confidence and prudent 2H conservatism. With no cyclical clouds in sight, Susquehanna remains new-money buyers.