Raymond James Maintains Strong Buy Rating for Wabash National: Here's What You Need To Know

Raymond James has decided to maintain its Strong Buy rating of Wabash National WNC and raise its price target from $27.00 to $29.00.

Shares of Wabash National are trading down 0.24% over the last 24 hours, at $24.60 per share.

A move to $29.00 would account for a 17.89% increase from the current share price.

About Wabash National

Wabash National Corp, along with its subsidiaries, is a diversified industrial manufacturer and producer of semi-trailers, truck bodies, specialized commercial vehicles, and liquid transportation systems. It designs, manufactures, and market a diverse range of products, including dry freight and refrigerated trailers, platform trailers, bulk tank trailers, dry and refrigerated truck bodies, truck-mounted tanks, intermodal equipment, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade and pharmaceutical equipment. The company's operating segment includes Commercial Trailer Products, Diversified Products Group, and Final Mile Products. It derives a majority of the revenue from the Commercial Trailer Products segment.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.