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Enter Symbol:
Rating: WNC
Outperform $14

Wabash National Corporation (NYSE: WNC) upgraded to Outperform with price target $14 by FBR Capital

Monday,  Jan 6, 2014  8:25 AM ET by Dave Ficere

FBR Capital upgraded Wabash National Corporation (NYSE: WNC) to Outperform with price
target $14. Previously FBR Capital rated Mkt Perform with price target $10 Wabash National Corporation (NYSE: WNC) on 07/17/2013, when the stock price was $10.92.

Wabash National Corporation is one of the leading manufacturers of semi trailers in North America. Established in 1985, the company specializes in the design and production of dry freight vans, refrigerated vans, flatbed trailers, drop deck trailers, and intermodal equipment. Its innovative core products are sold under the DuraPlate, ArcticLite, and Eagle brand names. The company operates two wholly owned subsidiaries: Transcraft Corporation, a manufacturer of flatbed and drop deck trailers; and Wabash National Trailer Centers, a retail distributor of new and used trailers and aftermarket parts throughout the U.S. and Canada.

FBR Capital uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.

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