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Zacks Investment Research upgraded Westinghouse Air Brake Technologies Corp (NYSE:WAB) to Hold in a report released today.

Zacks Investment Research has upgraded Westinghouse Air Brake Technologies Corp (NYSE:WAB) to Hold in a report released on 9/28/2016.

Previously on 9/7/2016, Deutsche Bank reported on Westinghouse Air Brake Technologies Corp (NYSE:WAB) increased the target price from $0.00 to $90.00. At the time, this indicated a possible upside of 0.17%.

Yesterday Westinghouse Air Brake Technologies Corp (NYSE:WAB) traded 3.46% higher at $78.86. The company’s 50-day moving average is $75.99 and its 200-day moving average is $75.81. The last closing price is up 7.71% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,880,199 shares of the stock traded hands, up from an average trading volume of 905,297

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Westinghouse Air Brake Technologies Corp (NYSE:WAB)

Westinghouse Air Brake Technologies Corp has a 52 week low of $60.28 and a 52 week high of $94.61 with a P/E ratio of 19.96 The company’s market cap is currently $0.

General Information About Westinghouse Air Brake Technologies Corp (NYSE:WAB)

Westinghouse Air Brake Technologies Corporation (Wabtec), doing business as Wabtec Corporation, is a provider of technology-based equipment and services for the global rail industry. The Company primarily serves the freight rail and passenger transit industries. The Company provides its products and services through two principal business segments: the Freight Segment and the Transit Segment. The Freight Segment primarily manufactures and services components for new and existing locomotive and freight cars, supplies railway electronics, positive train control equipment, signal design and engineering services, builds switcher locomotives, rebuilds freight locomotives, and provides heat exchangers and cooling systems for rail and other industrial markets. The Transit Segment primarily manufactures and services components for new and existing passenger transit vehicles, typically subway cars and buses, builds new commuter locomotives and refurbishes subway cars.

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