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Barchart
Kritika Sarmah

Westinghouse Air Brake Technologies Stock Outlook: Is Wall Street Bullish or Bearish?

WAB

Westinghouse Air Brake Technologies Corporation (WAB), also known as Wabtec, is a global leader in transportation solutions valued at a market cap of $34.2 billion. Headquartered in Pittsburgh, Pennsylvania, the company specializes in advanced technologies and services for the rail and transit industries.

Shares of WAB have substantially outperformed the broader market over the past year. WAB has gained 72.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 32.1%. Also, in 2024, the stock is up 59%, compared to the SPX’s 26.2% rise on a YTD basis.

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