Morgan Keegan Maintains Genesee & Wyoming, RailAmerica Outperform Ratings

Morgan Keegan continued its Genesee & Wyoming (NYSE: GWR) and RailAmerica (NYSE: RA) Outperform ratings after the companies released November traffic numbers in a research note published today. In reference to Genesee & Wyoming, Morgan Keegan states, "In the fourth quarter through November, Genesee & Wyoming has seen traffic increase 11.9% to 164,785 carloads. The company has previously guided for roughly 245,000 carloads, which would be an 8.9% increase over Q4:10. While the company is currently tracking ahead of guidance and our estimate, GWR will be up against tougher year-over-year comparisons when it laps the acquisition of FreightLink in December." Shares of Genesee & Wyoming were trading at $60.13 at the time of posting, down 0.43% from Monday's market close. Shares of RailAmerica were trading at $14.17 at the time of posting,k up 2.90% from Monday's market clsoe.