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Takeout Speculation Becomes Catalyst For CSX, Stock Hits 52-Week High
Thursday, January 19, 2017 - 11:53am | 350Following the surprise announcement of CEO Hunter Harrison's resignation from Canadian Pacific Railway Limited (USA) (NYSE: CP), the Wall Street Journal reported that he would be partnering with activist investor Paul Hilal to pursue CSX Corporation (NASDAQ: CSX). In resigning before the...
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UPDATE: Baird Equity Research Upgrades Swift Transportation as Emerging Growth Profile Appears Undervalued
Monday, November 18, 2013 - 12:05pm | 123In a report published Monday, Baird Equity Research analyst Benjamin J. Hartford upgraded the rating on Swift Transportation Co. (NYSE: SWFT) from Neutral to Outperform, and raised the price target from $25.00 to $28.00. In the report, Baird Equity Research noted, “Sluggish industry trends limit...
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UPDATE: Baird Equity Research Downgrades Union Pacific Corporation as Diminishing Legacy Pricing Gains Limit Upside
Wednesday, October 30, 2013 - 10:29am | 130In a report published Wednesday, Baird Equity Research analyst Benjamin J. Hartford downgraded the rating on Union Pacific Corporation (NYSE: UNP) from Outperform to Neutral, and lowered the price target from $175.00 to $173.00. In the report, Baird Equity Research noted, “UNP's secular...
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UPDATE: Baird Equity Research Reiterates on United Parcel Service on Solid 3Q13 Operating Results, In-Line 4Q13 Outlook
Monday, October 28, 2013 - 9:47am | 131In a report published Monday, Baird Equity Research analyst Benjamin J. Hartford reiterated a Neutral rating on United Parcel Service (NYSE: UPS), and raised the price target from $100.00 to $102.00. In the report, Baird Equity Research noted, “Maintain Neutral rating, but growing more...