Alert: Major Price Advance (9/11/24)-FreightCar America Inc (NASDAQ: RAIL).

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FreightCar America Inc (NASDAQ: RAIL) stock closed at $9.47 on 9/11/24 after a major increase of 10.8%. Moreover, exceptionally high trading volume at 307% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 17.1% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, RAIL is expected to be a major Value Eraser.

FreightCar America is currently unrated.

Rating Review

The stock is currently unrated.

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