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Barchart
Barchart
Rashmi Kumari

Are Wall Street Analysts Predicting Westinghouse Air Brake Technologies Stock Will Climb or Sink?

WAB Wabtec

Headquartered in Pittsburgh, Pennsylvania, Westinghouse Air Brake Technologies Corporation (WAB), known as Wabtec, is a global leader in transportation solutions with a market cap of $29.14 billion. Specializing in advanced technologies and services for the rail and transit industries, Wabtec is pivotal in enhancing transportation systems' safety, efficiency, and sustainability worldwide. 

Shares of WAB have outperformed the broader market considerably over the past year. WAB has gained 47.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.5%. Also, in 2024, the stock is up 30.2%, compared to the SPX’s 17.8% rise on a YTD basis.

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