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Fly News Breaks for July 18, 2018
NSC, CSX
Jul 18, 2018 | 06:54 EDT
As reported earlier, Loop Capital analyst Rick Paterson upgraded CSX (CSX) to Buy from Hold and raised his price target to $78 from $65 after the company's Q2 earnings beat. The analyst says CSX is making "continued progress on the adoption of its scheduled operating model", delivering an operating ratio of 59.8% in Q2 vs. 64.7% last year. Paterson adds that CSX has widened its gap relative to regional competitor Norfolk Southern (NSC) thanks to its improved operating efficiency, capturing market share and generating relative growth.
News For CSX;NSC From the Last 2 Days
CSX
Apr 18, 2024 | 09:04 EDT
CSX
Apr 18, 2024 | 08:55 EDT
NSC
Apr 18, 2024 | 07:45 EDT
Loop Capital raised the firm's price target on Norfolk Southern to $270 from $261 and keeps a Buy rating on the shares as part of a broader research note on Transportation names. The firm is adjusting its estimates on the stock following its Q1 pre-announcement last week.
CSX
Apr 18, 2024 | 06:30 EDT
UBS analyst Thomas Wadewitz lowered the firm's price target on CSX to $44 from $46 and keeps a Buy rating on the shares. CSX's Q1 EPS was modestly above consensus, showing improvement in the Purchased Services and Other expense line and providing positive commentary on their outlook for volumes, the analyst tells investors in a research note. The Q1 report was solid and CSX provided a constructive outlook, UBS contends.
CSX
Apr 18, 2024 | 06:26 EDT
CSX
Apr 17, 2024 | 18:28 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSBank... To see the rest of the story go to thefly.com. See Story Here
CSX
Apr 17, 2024 | 16:03 EDT
CSX
Apr 17, 2024 | 13:50 EDT
