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Fly News Breaks for September 30, 2016
WAB
Sep 30, 2016 | 07:40 EDT
CLSA analyst Kristine Kubacki initiated Wabtec with a Buy and a $97 price target. The analyst said investor expectations have bee dramatically lowered and there are signs of stability in the rail aftermarket. Further, he believes the Fairveley acquisition will provide a foundation for growth.
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