CSX Names New Sales & Marketing Leaders

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UBS Cuts Price Target on CSX Corp. (CSX) as Weak Markets Drive Ongoing Pressure

January 13, 2016 8:25 AM EST

UBS maintained a Neutral rating on CSX (NASDAQ: CSX), and cut the price target to $25.00 (from $27.00), following the company's reported upside 4Q EPS of $0.48/share versus consensus of $0.46/share. The EPS upside versus was driven by higher other income than modeled. However, weak markets should drive ongoing EPS... More