The railroad industry is likely to witness a new merger. Reportedly, the companies in talks regarding the aforesaid merger are Union Pacific Corporation UNP and Norfolk Southern Corporation NSC.

On Monday, TD Cowen upgraded Norfolk Southern's stock to buy from hold and raised its price target to $323 from $263, with the new target implying about 17% upside from current levels. The stock, ...

OMAHA, Neb. — Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts.