J.P.Morgan raises Wabtec's PT; flags near term tariff uncertainty

Westinghouse Air Brake Technologies

14/10/2025 11:57

** J.P.Morgan raises locomotive parts maker Wabtec's WAB.N PT to $215 from $200, representing a 11.1% upside on stock's last close

** "The impact of the 50% tariff on steel content in imports and on India remains a black box for investors, given limited public data and management commentary," brokerage says

** Says this will likely accelerate pricing next year, which should alleviate some concerns about a potential slowdown in organic revenue growth due to speculated rail M&A

** Brokerage says it estimates Q3 EPS of $2.30 vs. consensus at $2.29, according to data compiled by LSEG

** Seven of 12 brokerages rate the stock "buy" or higher and five "hold"; their median PT is $228.5 - data compiled by LSEG

** As of last close, shares up about 2% YTD

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com;))