Barclays raised the firm’s price target on CSX (CSX) to $36 from $31 and keeps an Overweight rating on the shares as part of a Q2 preview for the North America transportation group. The firm says continued “stagnant” industrial demand and a potential slowdown in U.S. imports later this year will bring tougher compares ahead for most transportation companies in the back half of 2025.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSX: