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Stock impact report

CSX Gets Target Boost from Jefferies as Rail Infrastructure Seen as AI-Resistant [Yahoo! Finance]

CSX Corporation (CSX) 
Last csx corporation earnings: 4/22 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
CSX Corporation (NASDAQ: CSX ) is included among the 14 Best Dividend Stocks to Invest in Under $50 CSX Gets Target Boost from Jefferies as Rail Infrastructure Seen as AI-Resistant On March 3, Jefferies analyst Stephanie Moore raised the firm's price recommendation on CSX Corporation (NASDAQ:CSX) to $50 from $42. The analyst reiterated a Buy rating on the shares. Moore said investors are increasingly paying attention to business models that could face disruption from artificial intelligence. In that context, the firm sees transportation networks as “core HALO exposures,” referring to Heavy Assets with Low Obsolescence. She explained that these businesses derive value “not just from software or labor inputs, but from long-lived infrastructure that is capital intensive, regulated, and effectively impossible to rebuild from scratch.” Based on that view, Jefferies raised price targets across several transportation companies with physical asset networks. Earlier, on February 26, CSX Show less Read more
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