Railroads

Bank of America has published a report on Kansas City Southern (NYSE: KSU) raising the price target from $60.00 to $69.00. In the report, Bank of America wrote, "KSU reported normalized 2Q11 EPS of $0.71, above our $0.65 estimate and consensus' $0.70. It posted revenues of $535 million, up 16%...

Sterne Agee has issued a report raising the Price Target on Kansas City Southern (NYSE: KSU) to $65 a share. According to the report, "We are raising our 2011 EPS by $0.05 to $2.90, and we are raising our 2012 EPS by $0.05 to $3.50. Our price objective increases to $65 based on our higher EPS...

JP Morgan has issued a report raising the Price Target on Union Pacific (NYSE: UNP) from $106 to $122 a share. According to the report, "We expect improving volume performance (driven by coal and auto) to support the stock in the near term. In our view, reward to risk for UNP stock is attractive...

Oppenheimer has issued a report following the AmSurg Corporation (NASDAQ: AMSG) 2Q results. According to the report, "AmSurg reported 2Q11 EPS of $0.41, in line with our estimate and consensus. This includes $0.02 in transaction costs related to the pending acquisition of National Surgical Care (...

J.P. Morgan Chase & Co. is out with a research report on Kansas City Southern (NYSE: KSU) and is raising its price target to $67 from $62, and it has an Overweight rating after it reported earnings. In a note to clients, J.P. Morgan Chase & Co. writes, "We have a favorable volume and...

JP Morgan has raised the price target on Union Pacific (NYSE: UNP) from $106 to $122 and maintains its Overweight rating.

Bank of America has raised the price objective on Kansas City Southern (NYSE: KSU) from $63 to $69 and maintains its Buy rating.

Deutsche Bank has raised the price target on Union Pacific (NYSE: UNP) from $117 to $120 and maintains its Buy rating.

JP Morgan has raised the price target on Kansas City Southern (NYSE: KSU) from $62 to $67 and maintains its Overweight rating.

BMO reiterated its Market Perform rating on Kansas City Southern (NYSE: KSU). At the same time, the rating agency raised its price target on the company's stock from $58 to $61. On Thursday, KSU added 3.91% to its value to finish the day at $61.37.

Cusick's Corner Major markets continue to be in full bull mode while the debt talks continue. The Volatility Index (VIX) is down to 17.56 (see Index Trading) because the latest earnings-reporting season has been mostly upbeat. Merger mania is on -- pharmacy benefits management company Express...

BMO Capital Markets raised its Union Pacific (NYSE: UNP) price target from $108 to $112 and maintained its Union Pacific Market Perform rating in a research report published today. In the report, BMO Capital Markets states, "UNP's EPS growth is expected to accelerate heading into H2/11 and 2012....

Cusick's Corner Stocks are up on earnings and Europe appears closer to a Greek bailout plan. This rally is broad-based; all sectors are in the green with Financials, XLF, and Energy, XLE, leading the pack. See you After Hours. Stocks are broadly higher with help from earnings and diminishing...

Union Pacific (NYSE: UNP) reported earnings that beat Wall Street expectations, led by strong gains in agricultural, chemicals, and industrial products. The Omaha, Neb-based railroad operator reported earnings of $1.59 per share on $4.86 billion in revenues. Wall Street analysts expected...

Dahlman Rose increased its Union Pacific (NYSE: UNP) price target from $117 to $121 and maintained its Union Pacific Buy rating in a research report published today. In the report, Dahlman Rose states, "We believe Union Pacific remains well positioned to benefit further from the ongoing freight...