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Bernstein Downgrades CSX, Union Pacific As Amtrak Cancels Trains And Railroad Strike Looms

Summary

U.S. railroad companies could be just days away from a major strike that could cost the U.S. economy more than $2 billion per day. Strike or no strike, one analyst said Wednesday that railroad stocks have limited upside from current levels in a challenging environment.

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Article published on September 14, 2022 by benzinga