Analyst RecommendationsAnalyst reiterates a Buy rating and a $231 price objective on WAB’s shares due to a robust backlog, improving margins, pending M&A, and synergy opportunities.
International ExpansionWabtec announced a $4.2 billion deal with Kazakhstan’s national railway, marking the largest rail equipment contract in the company’s history.
Profit MarginsWAB’s international margins are higher than its domestic business, which could provide a boost to margins.