Wabtec Corp (Symbol: WAB) shares recently surpassed the average analyst 12-month target price of $112.71, currently trading at $113.40. This price movement raises questions about potential analyst reactions, which may involve downgrading valuations or adjusting target prices upward, depending on the company’s recent developments.
Analyst targets for Wabtec Corp vary, with a range from $105.00 to $120.00, and a standard deviation of $5.736. As of the latest ratings, there are three strong buy ratings, one buy rating, and three hold ratings, resulting in an average rating of 2.0, where 1 is a strong buy and 5 is a strong sell.
Investors are now encouraged to evaluate whether the current price represents a significant milestone toward greater targets or if it suggests an overvaluation, prompting a reassessment of their positions.
