NYSE:WABMachinery
Wabtec’s Valuation After Strong Q3 Beat and Frauscher Acquisition Completion
Westinghouse Air Brake Technologies (WAB) just posted third quarter results that topped earnings and revenue expectations, while closing its cash acquisition of Frauscher Sensor Technology Group, a deal that is expected to meaningfully lift future sales.
See our latest analysis for Westinghouse Air Brake Technologies.
Those upbeat results and the Frauscher deal come on top of easing bearish sentiment, with short interest drifting lower and the stock showing solid momentum, including a roughly...