TD Cowen Downgrades Westinghouse Air Brake to Market Perform, Raises Price Target to $125
Portfolio Pulse from richadhand@benzinga.com
TD Cowen analyst Matt Elkott has downgraded Westinghouse Air Brake (NYSE:WAB) from Outperform to Market Perform, while raising the price target from $114 to $125.

July 28, 2023 | 11:29 am
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Westinghouse Air Brake has been downgraded to Market Perform by TD Cowen, but the price target has been raised to $125.
The downgrade to Market Perform suggests that the analyst believes the stock will perform similarly to other stocks in the market, indicating a neutral outlook. However, the raised price target suggests an expectation of potential upside, which could have a positive impact. The net effect on the stock price is uncertain in the short term.
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IMPORTANCE 80
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