Wabtec (NYSE:WAB) Given Consensus Recommendation of "Moderate Buy" by Analysts

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Wabtec (NYSE:WAB) has received a consensus “Moderate Buy” rating from eleven analysts, with an average one-year price target of $269.00. The company recently reported strong quarterly earnings, beating EPS and revenue estimates, and announced a $1.20 billion share buyback program along with an increased quarterly dividend. Insider selling activity was noted, though institutional investors hold a significant majority of the company’s stock.

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