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 pullback brings buying opportunity, says FBR Capital FBR Capital views the recent pullback in shares of WABCO as a "very attractive" buying opportunity. The firm says industry trailer data had another strong month in August. FBR has an Outperform rating on the name with a $17 price target.