Citi analyst Ariel Rosa maintains $CSX Corp (CSX.US)$ with a buy rating, and adjusts the target price from $41 to $44.
According to TipRanks data, the analyst has a success rate of 68.9% and a total average return of 17.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $CSX Corp (CSX.US)$'s main analysts recently are as follows:
Transportation equities are positioned to potentially benefit from reduced U.S. corporate tax rates in the wake of the recent presidential election. With increased market multiples and a more favorable view of cyclical U.S. industrial exposure, there has been an upward revision in price expectations across the sector.
Sentiment for North America transports seems to have 'rapidly improved,' despite a mix of Q3 earnings reports and generally cautious Q4 projections. Concerns are now rising that investors may be pursuing stocks that have already seen significant gains, with companies needing to substantially exceed estimates to justify present valuations. There is also growing apprehension that earnings in 2025 may fall short of expectations.
Note:
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