CSX price target raised to $50 from $46 at Wolfe Research

Wolfe Research raised the firm’s price target on CSX (CSX) to $50 from $46 and keeps an Outperform rating on the shares. The company reported a “solid” Q1 beat and raised its FY26 margin guidance, the analyst tells investors. The firm believes CSX is positioned for another year of strong margin improvement next year.