CSX Corp.

CSX Corp. (NYSE: CSX) is down more than three percent in after hours trading after company announced its fourth quarter results. The company reported a Q4 EPS of $0.42, which was inline with Wall Street's expectations. Earnings per share were up five percent from the year-ago period. Revenue...

In a report focusing on transportation, Goldman Sachs that CSX Corp. (NYSE: CSX) is its top pick. “We believe railroads have a positive setup, given (1) volumes that have seemed to find support in recent weeks despite obstacles (flooding, tornadoes, forest fires), (2) our positive outlook for...

Morgan Stanley is reiterating its Equal-Weight rating on Norfolk Southern Corp. (NYSE: NSC) following the company's Investor Day. In its report, Morgan Stanley writes, “NSC's investor day reaffirmed the long-term bull case for rails, but the company continues to stand alone among Class I rails in...

Dahlman Rose reiterated its Buy rating on CSX Corporation (NYSE: CSX). At the same time, it left its price target unchanged at $90, after deciding to maintain its earnings per share estimates for the next two years. In a research report published today, Dahlman Rose states, "We are maintaining...

Deutsche Bank is reiterating its Buy rating and its $89 price target on CSX Corp. (NYSE: CSX) after attending the company's Investor Day. Says Deutsche Bank, in the report, “We came away from CSX's Investor Day with increased conviction in our thesis as the company is poised to drive strong...

Citigroup commented on CSX Corp (NYSE: CSX) in a report released today. In the report, Citigroup was positive in its outlook on the company. Citigroup writes, “With its ability to grow core pricing at levels above rail inflation largely accepted (and expected), CSX spent more time at the meeting...

Jefferies is initiating coverage of CSX Corp. (NYSE: CSX) with a Buy rating, $75 price target.

Goldman Sachs is upgrading CSX Corp. (NYSE: CSX) to Neutral from Sell, given stronger-than-expected incremental margins that appear likely to continue. “Our original relative Sell thesis on CSX was based on a premium valuation, potential margin missteps, and our negative view of East Coast coal,”...

Argus Research maintained its Hold rating for CSX Corp. (NYSE: CSX). Although Argus believes that operating performance at CSX will slowly improve in 2010, there are concerns that coal, one of the company's most important segments, will continue to lag throughout the year as its customers'...