CSX Corp

NASDAQ: CSX
$34.62
+$0.28 (+0.8%)
Closing price April 22, 2024
CSX Corp is a leading rail-based freight transportation company, primarily operating in the eastern United States and parts of Canada. It specializes in moving a wide range of goods, including chemicals, agricultural products, automotive parts, and coal, through its extensive rail network. CSX not only provides traditional rail services but also offers intermodal transportation, combining rail with other methods like trucking for efficient delivery. With a focus on connecting major population centers and industrial facilities, CSX plays a crucial role in the supply chain, supporting various industries from agriculture to automotive.
Wednesday's top analyst upgrades and downgrades included AutoZone, Citrix Systems, Coinbase, CSX, Freeport-McMoRan, Intuitive Surgical, Morgan Stanley, Netflix and Oracle.
24/7 Wall St. looks at some big analyst calls that we have seen so far on Friday, including CSX, Guess, Snowflake, Zoom Video and more.
Friday's top analyst upgrades and downgrades included Adobe, Ford, Goldman Sachs, Intel, Microsoft, Salesforce.com, Seagate Technology, Snowflake, Targa Resources and Walt Disney.
Two Dow components are set to report quarterly and annual results after markets close Thursday. One of the country's largest railroads also will announce results late Thursday.
Tuesday's top analyst upgrades and downgrades included American Airlines, Beyond Meat, Cimarex, Cloudflare, CSX, Exxon, Micron, NetApp and Unity Software.
Tuesday's top analyst upgrades and downgrades included AbbVie, CSX, Dominion Energy, JPMorgan, NXP Semiconductors, ONEOK, Pfizer, Square, United Parcel Service and WPX Energy.
Friday's top analyst upgrades and downgrades included Baidu, Carnival, Costco, Coty, CSX, Darden, DraftKings, Fifth Third, Rite Aid and Unity Software.
Wednesday's top analyst upgrades and downgrades included AGCO, American Express, Carvana, CME, Deere, Nike, Tesla, Trimble, Twitter, Waste Management and ZoomInfo.
Kansas City Southern stock is now close to an all-time high, but that may be due to reports of private equity buyout interest rather than that just the massive stock market recovery since March.
Wednesday's top analyst upgrades and downgrades included Amazon.com, Apple, Barrick Gold, Home Depot, Lennar, Lowe's, Newmont, Nikola, Oracle, Valero Energy and Visa.
CSX CEO says the rail company has responded well to the pandemic slump and aims to take market share from the trucking industry.
CSX has been able to cut expenses more than the pandemic has cut revenue, while modernizing and improving fuel efficiency.
CSX had good first quarter numbers. The reopening of the economy and signs of strength in the labor market point to a solid second quarter.
Any supply-side relief for the U.S. rail industry is likely to come as an afterthought because politicians will go for the high-visibility parts of the economy first.
Before the COVID-19 pandemic brought the U.S. economy almost to a halt, CSX was expecting 2020 to be a great year. But now that shipments have been drastically cut, the company is using the situation...