Wnc stock price action benefited from analyst upgrades

WNC stock price action benefited from analyst upgrades this month, moving the consensus target price from $28 to $30, citing sustained trailer replacement demand. Most readers would already be aware that Wabash National's (NYSE:WNC) stock increased significantly by 13% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Specifically, we decided to study Wabash National's ROE in this article. Helping build race cars at one point, Allison Transmission (NYSE:ALSN) offers transmissions to original equipment manufacturers and fleet operators. The WNC stock price chart shows a bullish channel intact since February, with higher highs and higher lows. Traders anticipate that strong logistics sector data may push shares toward $28 within the next quarter.