** BofA Global Research raises PT on locomotive parts maker Wabtec WAB.N to $236 from $231, a premium of 2.1% from the stock's last close

** Reiterates rating at 'buy'

** Wabtec on Monday said it would acquire Frauscher Sensor Technology for 675 mln euros ($790 mln) in cash

** Says the acquisition would strengthen co's position in train detection, expecting 145 mln euros in revenue and 25% EBITDA margin in 2025,with plans to grow margins to the mid-30s by 2028 through cost synergies and expansion in Europe and India

** Shares are up nearly 1% at $214 in early trade

** Seven of thirteen brokerages rate the stock "buy" or higher, Six "hold"; their median PT is $220- data compiled by LSEG

** Including session moves, shares are up 12.8% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))