Benchmark raised the firm’s price target on CSX (CSX) to $48 from $46 and keeps a Buy rating on the shares. The firm sees efficiency gains, improving network fluidity, and a strong pipeline of industrial projects positioning CSX for strong margin growth, the analyst tells investors in a post-Q1 note.
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:
- CSX price target raised to $49 from $46 at BofA
- CSX: Operational Outperformance, Freight Growth Tailwinds, and Infrastructure Pipeline Support Reiterated Buy and Higher $45 Target
- CSX price target raised to $47 from $40 at Barclays
- CSX price target raised to $41 from $37 at Goldman Sachs
- CSX downgraded to Hold from Buy at Vertical Research
