Westinghouse Air Brake Technologies (WAB) Following Its $700 Million Guinea Deal, Buying Opportunity Or Priced In?
Westinghouse Air Brake Technologies (WAB) moved into focus after Wabtec announced a long-term services agreement worth more than US$700 million for the Simandou rail project in Guinea. For context, Westinghouse Air Brake Technologies now trades at US$289.71, with the share price up 2.23% over the last day and 4.17% across the past week. The 90-day share price return of 6.32% and year-to-date share price gain of 33.95% sit alongside a 1-year total shareholder return of 49.64% and a 3-year...
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