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Fly News Breaks for September 7, 2017
CSX
Sep 7, 2017 | 07:38 EDT
After CSX lowered its full-year EPS guidance because of disruptions it is facing as it implements its new business model, RBC Capital analyst Walter Spracklin "suggests that investors look through the disruption" and the guidance cut. He continues to expect the company to significantly lower its structural costs, and he thinks that it has a "compelling long-term efficiency upside." Spracklin reiterates an Outperform rating on the stock.