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Fly News Breaks for October 1, 2015
GWR, KSU, UNP, CSX, CP, NSC
Oct 1, 2015 | 09:30 EDT
Wolfe Research upgraded the Rails Sector to Market Overweight citing limited downside in earnings and valuations at current levels. The firm recommends investors aggressively buy rail stocks again given below market multiples and double-digit earnings growth next year. As part of the sector upgrade, the analyst raised Norfolk Southern to Outperform from Peer Perform.
News For NSC;CP;CSX;UNP;KSU;GWR From the Last 2 Days
NSC
Apr 19, 2024 | 08:03 EDT
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.
