Fintel reports that on January 10, 2025, Jefferies upgraded their outlook for CSX (NasdaqGS:CSX) from Hold to Buy.
Analyst Price Forecast Suggests 22.92% Upside
As of December 23, 2024, the average one-year price target for CSX is $39.58/share. The forecasts range from a low of $30.30 to a high of $46.20. The average price target represents an increase of 22.92% from its latest reported closing price of $32.20 / share.
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The projected annual revenue for CSX is 15,393MM, an increase of 4.85%. The projected annual non-GAAP EPS is 2.15.
What is the Fund Sentiment?
There are 2,643 funds or institutions reporting positions in CSX. This is an increase of 16 owner(s) or 0.61% in the last quarter. Average portfolio weight of all funds dedicated to CSX is 0.30%, an increase of 1.16%. Total shares owned by institutions increased in the last three months by 0.72% to 1,658,815K shares. 
The put/call ratio of CSX is 0.78, indicating a bullish outlook.
What are Other Shareholders Doing?
Jpmorgan Chase holds 91,914K shares representing 4.77% ownership of the company. In its prior filing, the firm reported owning 83,442K shares , representing an increase of 9.22%. The firm increased its portfolio allocation in CSX by 1,085.11% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 61,352K shares representing 3.18% ownership of the company. In its prior filing, the firm reported owning 61,818K shares , representing a decrease of 0.76%. The firm decreased its portfolio allocation in CSX by 3.77% over the last quarter.
Price T Rowe Associates holds 58,119K shares representing 3.01% ownership of the company. In its prior filing, the firm reported owning 69,111K shares , representing a decrease of 18.91%. The firm decreased its portfolio allocation in CSX by 16.48% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 50,778K shares representing 2.63% ownership of the company. In its prior filing, the firm reported owning 50,174K shares , representing an increase of 1.19%. The firm decreased its portfolio allocation in CSX by 3.86% over the last quarter.
Geode Capital Management holds 40,907K shares representing 2.12% ownership of the company. In its prior filing, the firm reported owning 40,716K shares , representing an increase of 0.47%. The firm decreased its portfolio allocation in CSX by 49.92% over the last quarter.
CSX Background Information
(This description is provided by the company.)
CSX Corporation, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products. For nearly 200 years, CSX has played a critical role in the nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.
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