WABCO Holdings (WBC) gets an upgrade to Buy from Neutral at Goldman (PT $89 from $83). There's quite a bit to like here apparently as analyst Jerry Revich says new product sales are "accelerating," margins are expanding, "compares are favorable," and freight volumes are improving. SA contributor Gregory Vousvounis agrees, calling WBC "a classic example of a focused wide-moat company that excels in its markets and grows in double digits over time."
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