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Stock impact report

Jim Cramer Makes Major Prediction For CSX Corporation (CSX) [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 one of the largest railroad companies in America. The shares are up by a modest 13.8% over the past year and by 3.5% year-to-date. Susquehanna raised the firm's share price target to $39 from $38 and maintained a Neutral rating after the firm's latest earnings report. The earnings saw CSX Corporation (NASDAQ:CSX) post $3.50 billion in revenue and $0.39 in profit per share. Both of these missed analyst estimates of $3.54 billion and $0.41. Following the earnings, Bernstein also discussed the railroad company. It trimmed CSX Corporation (NASDAQ:CSX)'s share price target to $36 from $37 and kept a Market Perform rating. The financial firm pointed out that the earnings miss during the quarter was narrower if one-time charges were removed from the figure. Cramer discussed the potential of a merger between CSX Corporation (NASDAQ:CSX) and Berkshire Hathaway's Burlington: “And I want people to watch CSX, okay. CSX is good. Steve Angel, formerly of Linde, is Show less Read more
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