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Stock Market & Financial Investment News

News Breaks
November 6, 2013
14:09 EDTCSXCSX reaffirms view for annual EPS growth 10%-15% from 2013-2015
CSX CFO Fredrik Eliasson, speaking at the Baird Industrials Conference, reaffirmed the company's long-term guidance for EPS to grow over a two year period at an average rate of 10%-15% through 2015 off the 2013 base, although that is more challenging in the near term given the coal environment. The company remains focused on sustaining an operating ratio in the high-60s by 2015, and the mid-60s longer-term, Eliasson added.
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July 17, 2014
08:01 EDTCSXCSX price target raised to $38 from $33 at Argus
Argus increased its price target on CSX after the company reported stronger than expected Q2 results. The firm remains upbeat on North American railroad companies and keeps a Buy rating on CSX.

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