BofA raised the firm’s price target on CSX (CSX) to $35 from $33 and keeps a Neutral rating on the shares. The firm notes CSX’s Q2-to-date carload growth is up 1.1% year-over-year, below its prior 3.1% target. The firm’s target multiple moves just above the company’s 12-times to 18-times range, given improved service performance, notes the analyst, who expects a return to double-digit growth in 2026 after EPS falls 10% year-over-year in 2025.
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