Mizuho Securities Reiterates a Hold Rating on Westinghouse Air (WAB)


Mizuho Securities analyst Kristine Kubacki reiterated a Hold rating on Westinghouse Air (NYSE: WAB) yesterday and set a price target of $98. The company’s shares closed yesterday at $82.02.

According to TipRanks.com, Kubacki is a 3-star analyst with an average return of 6.3% and a 40.9% success rate. Kubacki covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings Inc, Wabash National Corp, and Trinity Industries.

Westinghouse Air has an analyst consensus of Moderate Buy, with a price target consensus of $113.33.

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Based on Westinghouse Air’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $87.48 million. In comparison, last year the company had a net profit of $67.2 million.

Based on the recent corporate insider activity of 83 insiders, corporate insider sentiment is negative on the stock.

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Westinghouse Air Brake Technologies Corp. engages in the provision of equipment, systems, and value-added services for the rail industry. It operates through the following segments: Freight and Transit.

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