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News Breaks | | | | March 15, 2013 | | 08:48 EDT |  | CSX | CSX price target raised to $28 from $26 at RW Baird
Baird raised its price target on CSX Corp based on improved visibility to moderating coal volume declines, stable underlying trends, and better than expected coal export demand. Shares are Outperform rated. | |
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News For CSX From The Last 14 Days Check below for free stories on CSX the last two weeks. |
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| May 15, 2013 | | 07:33 EDT |  | CSX | National Association of Business Economics to hos a conference
 Subscribe for More Information | | | May 9, 2013 | | 11:03 EDT |  | CSX | CSX CFO Fredrik Eliasson reaffirms 2013 view as a transitional year
On the company presentation, at the Well Fargo Industrial & Construction Conference, the CFO restated expectations of 2013 being another transition year, expecting full-year EPS to be flat to slightly down from 2012 as the railroad company continues to face headwinds in coal. The company sees earnings growth and operating ratio improvement in 2014 and 2015. Over those two years, CSX is targeting average annual earnings per share growth of 10% to 15% off the 2013 base. | |
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