Citi Likes CSX (CSX)

Citi Investment Research is out with a research report on CSX CSX, saying it, along with Union Pacific UNP are best positioned for this year. It has a 1M rating and a $80 price target on shares. In a note to clients, Citi writes, "While we are constructive on the entire group's fundamentals, we believe CSX and UNP are the best positioned equities heading into 2011. We believe both companies are likely to exceed internally set targets for operating ratio improvement and anticipate potential upside to our above-consensus 2011 and 2012 EPS forecasts."