Alert: Major Price Advance (3/19/24)-FreightCar America Inc (NASDAQ: RAIL).

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FreightCar America Inc (NASDAQ: RAIL) stock closed at $3.56 on 3/19/24 after a major increase of 10.9%. Moreover, exceptionally high trading volume at 615% of normal accompanied the advance. The stock has risen 15.2% during the last week and has performed in line with the market over the last nine months.

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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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