CSX price target raised to $29 from $25 at Jefferies Jefferies raised its price target for CSX on expectations that concerns over coal earnings risk will ease in 2013. The firm keeps a Buy rating on the stock.
News For CSX From The Last 14 Days
Check below for free stories on CSX the last two weeks.
CSX says impact of harsh weather on Q1 EPS approaching 10c per share CSX said its first quarter results have been impacted by harsh winter weather and that the impact approaching 10c per share. CSX said full-year EPS growth is now viewed as more modest. CSX added that it is overcoming the transition in the energy markets and that domestic coal volume are now expected to grow in 2014, though export coal volume and price are still expected to remain challenged. CSX sees merchandise/Intermodal growth to be broad-based. Information from slides for presentation at the J.P. Morgan Aviation, Transportation and Industrials conference.