Goldman Sachs Maintains Buy on CSX (CSX)

Goldman Sachs is out with its report today on CSX CSX, maintaining Buy. In a note to clients, Goldman Sachs writes, "Our Buy rating on CSX is based on our expectation of upside to consensus estimates due to: (1) increased export coal demand that is driving pricing and volumes, (2) share gains in an improving intermodal business, and (3) consistently improving relative productivity levels that should help offset typical cost headwinds. Our 2011E/2012E EPS are 4.5%/9.2% above consensus." At the time of posting, shares of CSX were trading at $77.31, down 0.10% from Wednesday's close.