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CSX

CSX

$58.69

0.21 (0.36%)

09:26
01/12/18
01/12
09:26
01/12/18
09:26

CSX downgraded to Sector Perform from Outperform at Scotiabank

  • 01

    Mar

CSX CSX
$58.69

0.21 (0.36%)

12/18/17
12/18/17
DOWNGRADE
Target $54

Hold
CSX downgraded to Hold from Buy at TD Securities
As previously reported, TD Securities downgraded CSX to Hold and cut its price target on the stock to $54 from $63 following the unexpected medical leave of absence and subsequent death of CEO Hunter Harrison, saying senior management now lacks a member with an operating background.
12/18/17
12/18/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. CSX (CSX) downgraded to Hold from Buy at TD Securities with the firm citing the unexpected medical leave of absence and subsequent death of CEO Hunter Harrison, saying senior management now lacks a member with an operating background. 2. PG&E (PCG) downgraded to Market Perform from Outperform at Wells Fargo with analyst Neil Kalton saying he sees "significant uncertainty" given the Northern California wildfires in mid-October and also highlights some recent adverse regulatory developments. 3. Oclaro (OCLR) downgraded to Hold from Buy at Needham with analyst Alex Henderson contending that consensus 2018 estimates look too high given the company's limited growth visibility. 4. Engility (EGL) downgraded to Hold from Buy at Drexel Hamilton with the firm saying peers will benefit from a lower tax rate and shares will have a difficult time outperforming the group. 5. Euronet (EEFT) downgraded to Market Perform from Outperform at William Blair. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/04/18
SBSH
01/04/18
NO CHANGE
Target $304
SBSH
Buy
Citi says all Transports win under U.S. tax bill
The Tax Cut and Jobs Act drives a "meaningful step up" in earnings as well as free cash flow for essentially all names in Transportation, Citi analyst Christian Wetherbee tells investors in a research note. He sees U.S. Rails as likely the biggest winners from tax reform. In most cases companies will use the cash "windfall" for buybacks, Wetherbee tells investors in a research note. He believes, however, that a compelling case can be made for U.S. Rails to increase dividends by 15%-20%. The free cash flow windfall could save UPS's (UPS) buyback program, which looked likely to decline in 2018 under the weight of accelerating capex, the analyst adds. Wetherbee upgraded C.H. Robinson Worldwide (CHRW) to Buy and downgraded Schneider National (SNCR) to Neutral. He also raised his price target for Buy-rated FedEx (FDX) to $304 from $280, Buy-rated CSX (CSX) to $64 from $58 and for Buy-rated UPS to $143 from $128.
01/09/18
RBCM
01/09/18
NO CHANGE
Target $67
RBCM
Outperform
RBC Capital raises price targets for Rails on Q4 volume growth and tax reform
RBC Capital analyst Walter Spracklin previews Q4 earnings for the Rail sector, saying volume grew about 4% while other performance metrics have been in line with prior years that saw similar growth rates. The analyst raises his price target on Canadian Pacific (CP) to CAD256 from CAD238 with an Outperform rating, calling it his "preferred name" based on solid volume, pricing trends, and relatively attractive valuation. Spracklin also ups CSX (CSX) price target to $67 from $59 with an Outperform rating, Norfolk Southern (NSC) price target to $137 from $123 with an Underperform rating, and Union Pacific (UNP) price target to $140 from $124 with a Sector Perform rating to reflect the positive impact of the U.S. corporate tax reform.

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DOCU

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AROC

Archrock

$12.30

0.35 (2.93%)

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PSTG

Pure Storage

$23.60

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$43.06

-1.73 (-3.86%)

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  • 07

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SSL

Sasol

$37.93

0.05 (0.13%)

05:00
05/22/18
05/22
05:00
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05:00
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GSHD

Goosehead Insurance

$16.19

0.12 (0.75%)

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EXTR

Extreme Networks

$9.16

-0.02 (-0.22%)

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ALG

Alamo Group

$100.36

1.34 (1.35%)

04:55
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Conference/Events
Alamo Group management to meet with Seaport Global »

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ALNA

Allena Pharmaceuticals

$15.99

-0.01 (-0.06%)

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CTIC

CTI BioPharma

$4.79

-0.1 (-2.05%)

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  • 22

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EHTH

eHealth

$20.06

0.26 (1.31%)

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  • 22

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BAYRY

Bayer

$0.00

(0.00%)

, BDX

Becton Dickinson

$228.74

3.73 (1.66%)

04:55
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BAYRY

Bayer

$0.00

(0.00%)

BDX

Becton Dickinson

$228.74

3.73 (1.66%)

BIIB

Biogen

$277.69

-2.66 (-0.95%)

BSX

Boston Scientific

$30.65

0.19 (0.62%)

CELG

Celgene

$74.69

-3.7 (-4.72%)

DNA

Bought by RHHBY

$0.00

(0.00%)

FGEN

FibroGen

$52.55

1.45 (2.84%)

GSK

GlaxoSmithKline

$40.05

0.005 (0.01%)

HRC

Hill-Rom

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INNV

Innovus Pharmaceuticals

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RETA

Reata Pharmaceuticals

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OCX

OncoCyte

$2.50

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VVUS

VIVUS

$0.80

0.0079 (1.00%)

NBRV

Nabriva Therapeutics

$4.54

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MYL

Mylan

$39.55

-0.1 (-0.25%)

MASI

Masimo

$97.75

0.64 (0.66%)

TEVA

Teva

$21.09

-0.14 (-0.66%)

STEM

Ticker changed to MBOT

$0.00

(0.00%)

JAZZ

Jazz Pharmaceuticals

$166.01

-1.59 (-0.95%)

REGN

Regeneron

$296.58

-5.29 (-1.75%)

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SYF

Synchrony

$35.73

0.29 (0.82%)

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PES

Pioneer Energy

$6.13

0.275 (4.70%)

04:55
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Conference/Events
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ATO

Atmos Energy

$85.25

0.37 (0.44%)

, AVA

Avista

$52.62

0.07 (0.13%)

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Conference/Events
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Atmos Energy

$85.25

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AVA

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$52.62

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BKH

Black Hills

$56.34

0.12 (0.21%)

CMS

CMS Energy

$43.96

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CNP

CenterPoint Energy

$25.21

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D

Dominion

$63.71

0.42 (0.66%)

DTE

DTE Energy

$99.96

0.04 (0.04%)

UK

Union Carbide

$0.00

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ED

Consolidated Edison

$73.82

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NI

NiSource

$24.39

-0.05 (-0.20%)

NJR

New Jersey Resources

$43.15

0.3 (0.70%)

NWE

NorthWestern

$53.48

0.26 (0.49%)

SO

Southern Company

$43.42

0.68 (1.59%)

SR

Spire

$70.08

0.4 (0.57%)

SRE

Sempra Energy

$102.64

0.65 (0.64%)

WEC

WEC Energy

$60.20

-0.3 (-0.50%)

XEL

Xcel Energy

$43.55

-0.15 (-0.34%)

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  • 23

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ALNY

Alnylam

$100.88

-2.12 (-2.06%)

, SNY

Sanofi

$38.78

-0.09 (-0.23%)

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SNY

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BMRN

BioMarin

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BAYRY

Bayer

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NVO

Novo Nordisk

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Pfizer

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SHPG

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ONCE

Spark Therapeutics

$73.03

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QURE

uniQure

$31.44

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$0.00

(0.00%)

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$0.00

(0.00%)

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SM

SM Energy

$27.18

0.52 (1.95%)

, APC

Anadarko

$71.69

1.12 (1.59%)

04:55
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SM

SM Energy

$27.18

0.52 (1.95%)

APC

Anadarko

$71.69

1.12 (1.59%)

QEP

QEP Resources

$13.56

0.395 (3.00%)

WLL

Whiting Petroleum

$53.22

1.21 (2.33%)

HK

Halcon Resources

$5.49

-0.08 (-1.44%)

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  • 22

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PRA

ProAssurance

$40.10

0.15 (0.38%)

04:55
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05/22
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04:55
Conference/Events
ProAssurance management to meet with Oppenheimer »

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SLD

Sutherland Asset Management

$15.35

0.1 (0.66%)

04:55
05/22/18
05/22
04:55
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04:55
Conference/Events
Sutherland Asset Management management to meet with JMP Securities »

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  • 22

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TREX

Trex Company

$118.72

1.09 (0.93%)

04:55
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    Jun

VRNS

Varonis

$74.45

0.95 (1.29%)

04:55
05/22/18
05/22
04:55
05/22/18
04:55
Conference/Events
Varonis management to meet with Oppenheimer »

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03/08/13
Wedge Partners
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  • 22

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  • 03

    Jun

ESL

Esterline

$78.70

1.9 (2.47%)

04:55
05/22/18
05/22
04:55
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04:55
Conference/Events
Esterline management to meet with Jefferies »

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