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CSX Shares Slide As Q4 Revenues Fall Short, Impact From 'Operational Issues' Notes Analyst
Friday, January 24, 2025 - 1:02pm | 837Read More...CSX Corp (NASDAQ:CSX) tanked in early trading on Friday, after the company reported disappointing fourth-quarter revenues. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. BMO Capital Markets On CSX Analyst Fadi Chamoun reiterated an...
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Union Pacific Is 'Weaker Than Expected' And Lagging Behind Peers, Analyst Says
Tuesday, November 1, 2022 - 11:10am | 319Read More...While Union Pacific Corporation’s (NYSE: UNP) stock is currently trading at an elevated valuation versus Norfolk Southern Corp (NYSE: NSC) and CSX Corporation (NASDAQ: CSX), the company’s earnings growth could lag peers in the medium-term, according to RBC Capital Markets. The Analyst:...
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Why RBC Is Turning Bullish On This Railroad
Thursday, March 17, 2022 - 12:39pm | 245Read More...CSX Corporation’s (NASDAQ: CSX) stock has been under pressure due to its fourth-quarter results being less favorable than other companies in the industry, and its valuation has fallen “toward the lowest level relative to peers,” according to RBC Capital Markets. The CSX Analyst:...
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Why CSX Stock Is Trading Higher Today
Thursday, July 22, 2021 - 9:03am | 229Read More...CSX Corp (NASDAQ: CSX) is trading higher Thursday morning after the company announced better-than-expected financial results. CSX reported second-quarter earnings of 40 cents per share, which beat the estimate of 37 cents per share. The company reported quarterly revenue of $2.99 billion...
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The Street Debates: Should Investors Buy The Dip In CSX?
Wednesday, July 17, 2019 - 4:23pm | 677Read More...Railroad company CSX Corporation (NASDAQ: CSX) reported Tuesday with second-quarter results that were notable for a miss on the EPS and revenue lines. Here's how some of the Street's top analysts reacted. The Analysts RBC Capital Markets' Walter Spracklin maintained...
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Rails Derailed? RBC Downgrades Norfolk Southern On 'Unappealing' Risk/Return
Thursday, March 23, 2017 - 9:13am | 388Read More...Although Norfolk Southern Corp. (NYSE: NSC) has made material progress in its cost cutting initiatives in 2016, RBC Capital’s Walter Spracklin believes further efficiency gains would be much more difficult to achieve going forward. The analyst downgraded the rating on the company from Sector...
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RBC: Buy The Dip On Canadian Pacific Even If It Doesn't Buy Norfolk Southern
Friday, January 22, 2016 - 10:29am | 292Read More...Canadian Pacific Railway Limited (USA) (NYSE: CP) shares have plunged 30 percent over the last three months. RBC Capital Markets’ Walter Spracklin upgraded the rating for the company from Sector Perform to Outperform, while reducing the price target from C$189 to C$179. Canadian...
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UPDATE: RBC Capital Markets Downgrades Norfolk Southern on Read-Through From CSX
Thursday, October 17, 2013 - 10:25am | 119Read More...In a report published Thursday, RBC Capital Markets analyst Walter Spracklin downgraded the rating on Norfolk Southern Corp. (NYSE: NSC) from Outperform to Sector Perform, and lowered the price target from $94.00 to $89.00. In the report, RBC Capital Markets noted, “We have a favourable longer-...
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UPDATE: RBC Capital Markets Downgrades CSX Corporation on Negative Trends in Multiple Key Areas
Thursday, October 17, 2013 - 10:17am | 111Read More...In a report published Thursday, RBC Capital Markets analyst Walter Spracklin downgraded the rating on CSX Corporation (NYSE: CSX) from Outperform to Sector Perform, and lowered the price target from $31.00 to $28.00. In the report, RBC Capital Markets noted, “We are downgrading CSX as negative...
