Is a railroad recovery in the offing? Bernstein upgrades a pair of railroad names, taking both...

|By:, SA News Editor

Is a railroad recovery in the offing? Bernstein upgrades a pair of railroad names, taking both CSX (CSX) and Norfolk Southern (NSC) to Market Perform from Underperform. The firm's action hits with news out that the U.S. freight rail industry will invest $23B using private money for infrastructure upgrades this year.