Dahlman Rose Provides Color on CSX

Dahlman Rose provided color on CSX CSX. In a research report published today, the rating agency commented on the company's Q2 results. In the report, Dahlman Rose states, “CSX reported 2Q11 EPS of $0.46, beating our expectation of $0.43, and consensus of $0.44. Intermodal strength, pricing improvement, and a tax benefit drove the bottom line.” At the moment, Dahlman Rose has a Buy rating and a price target of $30 placed on the company's stock. On Tuesday, CSX added 1.15% to its value to end the day at $25.48. Its shares continued to climb in today's pre-market trading, rising 2.83% to $26.20.
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Posted In: Analyst ColorAnalyst RatingsDahlman RoseIndustrialsRailroads
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