Citigroup Maintains Buy on Westinghouse Air Brake, Raises Price Target to $341

Is Westinghouse Air Brake Technologies Stock Still a Buy After Its CEO Sold 2,300 Shares?

Westinghouse Air Brake Technologies CEO Rafael Santana sold 2,326 shares for approximately $693,000 on August 4-5, 2026, reducing his direct holdings by 2%. Despite the CEO sale following a 57% one-year stock rally, the article suggests this is a modest transaction relative to the company's strong momentum, including record quarterly results, raised guidance, and a record backlog driven by global demand for freight locomotives and transit equipment.

Shares of machinery-related companies are trading lower as rising oil prices have reinforced expectations that U.S. interest rates will remain elevated. Elevated financing costs could weigh on capital investment, reducing demand for heavy equipment and other large industrial purchases.

JP Morgan Maintains Neutral on Westinghouse Air Brake, Raises Price Target to $315

JP Morgan analyst Tami Zakaria maintains Westinghouse Air Brake (NYSE:WAB) with a Neutral and raises the price target from $300 to $315.