Wabash National Corp. (NYSE:WNC) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, according to The Cerbat Gem, an independent online financial news service.
The brokerage presently has a $16.00 target price on the stock. Zacks Investment Research’s target price suggests a potential upside of 12.28% from the stock’s current price.
Wabash National Corp. (NYSE:WNC) traded up 1.088% during mid-day trading on Wednesday, reaching $14.405. The company’s stock had a trading volume of 539,329 shares. The firm has a market cap of $920.74 million, a PE ratio of 7.542 and a beta of 2.11. Wabash National Corp. has a one year low of $9.68 and a one year high of $14.97. The stock’s 50 day moving average is $13.75 and its 200 day moving average is $13.48.
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