CSX price target raised to $43 from $39 at RBC Capital

RBC Capital raised the firm’s price target on CSX (CSX) to $43 from $39 and keeps an Outperform rating on the shares as part of a broader research note previewing Q1 results for Class I railroads. The firm assigns the stock higher target multiples due to an indication that the freight backdrop is improving, the analyst tells investors in a research note.