Felix Boeschen, an analyst with Raymond James, cut his Wabash National Corp. WNC +1.64% rating by two notch to market perform. Boeschen omitted the outperform rating of the company and assigned a market-perform view to the manufacturer. Boeschen stated that “we see an increasing risk/reward balance on the backs of continuing macro/truck softness which in our opinion could negatively impact trailer demand until 2024, and drive Street estimates down.” Wabash National’s stock was down 1.6% on Wednesday in premarket trading.