GE to merge transportation unit with Wabtec in $11.1 billion deal
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Wabtec (WAB) PT Raised to $115 at Stifel Following GE Deal
May 22, 2018 1:13 PM EDTStifel raised its price target on Wabtec (NYSE: WAB) to $115.00 (from $106.00) while maintaining a Buy rating following the GE Transportation deal.
Analyst Michael Baudendistel commented, "We like the deal for numerous reasons and we have a hard time finding aspects... More
