(Source: Bidness Etc., February 23, 2016)
NEW YORK — According to Merrill Lynch analysts, railroads are fashionable again with the investment firm raising its ratings for CSX Corporation, Kansas City Southern, Canadian National and Union Pacific, as well as Genesee & Wyoming. Analysts are more optimistic on railroad stocks, as carload volumes stabilize for this year after a disastrous 2015, with the Dow Jones Transport Average down 18% compared to the S&P 500.
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