Matt Reustle

Goldman Sachs initiated coverage of rail stocks six months ago and revisited its thesis in a Monday report, including "admitting some wrongs." The Analyst Goldman Sachs' Matt Reustle upgraded CSX Corporation (NASDAQ: CSX) from Sell to Neutral with a price target lifted from $52 to $...

Stunted vehicle production, driver shortages and regulatory limitations are set to confront a peak in trucking demand, pressing freight rates toward all-time highs. The backdrop is a boon for some logistics companies, but others won’t fare so well, according to Goldman Sachs.  The...

Canadian Pacific Railway Limited (USA) (NYSE: CP) shares are undervaluing the existing cash flow base and upside to crude-by-rail through 2020. The Analyst Goldman analyst Matt Reustle upgraded Canadian Pacific from Neutral to Buy, with a $213 price target. The Thesis Canadian Pacific shares...

Cross-border e-commerce growth and the coming peak holiday season are materializing as key catalysts for shipping freight companies United Parcel Service, Inc. (NYSE: UPS) and FedEx Corporation (NYSE: FDX), according to a new report from Goldman Sachs. The Analyst Goldman Sach’s...