Alert: Major Price Advance (10/24/24)-FreightCar America Inc (NASDAQ: RAIL).

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On 10/24/24, FreightCar America Inc (NASDAQ: RAIL) stock enjoyed a major increase of 10.7%, closing at $14.09. Moreover, this advance was accompanied by unusually high trading volume at 182% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 16.5% 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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