Dahlman Rose Maintains a 'Buy' on CSX (CSX); All Eyes on Outlook
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Price: $34.81 +0.55%
Rating Summary:
22 Buy, 16 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 15 | Down: 11 | New: 13
Rating Summary:
22 Buy, 16 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 15 | Down: 11 | New: 13
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Dahlman Rose maintains a 'Buy' on CSX (NYSE: CSX) price target of $29.00.
Dahlman analyst says, "EPS was slightly ahead of our recently-reduced estimates and in line with street expectations. Investors will likely be focused on macro commentary, incremental margins, and the export coal outlook."
"We rate CSX shares a Buy because the company is one of the best managed North American Class I railroads and it is well positioned to leverage intermodal growth in the east. The company has an excellent network and high service standards and it offers long-term investors a chance to leverage the US and global economies."
For more ratings news on CSX click here and for the rating history of CSX click here.
Shares of CSX closed at $21.34 yesterday.
Dahlman analyst says, "EPS was slightly ahead of our recently-reduced estimates and in line with street expectations. Investors will likely be focused on macro commentary, incremental margins, and the export coal outlook."
"We rate CSX shares a Buy because the company is one of the best managed North American Class I railroads and it is well positioned to leverage intermodal growth in the east. The company has an excellent network and high service standards and it offers long-term investors a chance to leverage the US and global economies."
For more ratings news on CSX click here and for the rating history of CSX click here.
Shares of CSX closed at $21.34 yesterday.
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