WABCO price target raised to $79 from $68 at Piper Jaffray Piper Jaffray raised its price target for WABCO ahead of the company's Q4 results and reiterates an Overweight rating on the stock. Piper lowered its Q1 earnings estimates for WABCO following earnings releases from truck-related peers, and recommends buying the stock on any post-earnings pullback. The firm says WABCO remains a top pick for 2013.
WABCO downgraded on valuation at Stifel As noted earlier, Stifel downgraded WABCO to Hold from Buy. The firm downgraded the shares based on valuation but continues to view the stock as a core long-term holding.