CSX Likely To Report Slight Decline In Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

CSX Corporation CSX is expected to report its second-quarter financial results, after the closing bell on July 20, 2023.

Analysts expect the company to post quarterly earnings at 49 cents per share, down from year-ago earnings of 50 cents per share. The company’s revenue might come in at $3.73 billion.

CSX shares rose 0.2% to close at $33.80 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• UBS analyst Thomas Wadewitz upgraded the stock from Neutral to Buy and raised the price target from $33 to $37 on June 1, 2023. This analyst sees around 9% upside in the company’s stock and has an accuracy rate of 81%.
• BMO Capital analyst Fadi Chamoun maintained an Outperform rating and increased the price target from $36 to $37 on April 21, 2023. This analyst sees around 9% upside in the company’s stock and has an accuracy rate of 73%.
• Raymond James analyst Patrick Brown maintained an Outperform rating and raised the price target from $34 to $35 on April 21, 2023. This analyst sees around 4% upside in the company’s stock and has an accuracy rate of 84%.
• Credit Suisse analyst Ariel Rosa reiterated an Outperform rating with a price target of $37 on April 21, 2023. This analyst sees around 9% upside in the company’s stock and has an accuracy rate of 73%.
• Wells Fargo analyst Allison Poliniak Cusic maintained an Equal-Weight rating and raised the price target from $28 to $32 on Jan. 4, 2023. This analyst sees around 5% downside in the company’s stock and has an accuracy rate of 70%.

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