{
Norfolk Southern Corp

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}
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ubs lowers csx stock target to 36 while maintaining buy rating

UBS has lowered its price target for CSX Corporation to $36 from $39 while maintaining a Buy rating, citing challenges such as lower coal pricing and declining chemicals volume. Despite these headwinds, CSX boasts strong gross profit margins and significant annual revenue. Analysts from BofA and RBC also adjusted their targets to $33, while Benchmark remains optimistic with a $38 target, highlighting CSX's potential for EPS growth amid operational challenges.
Investing.com
United States Dollar CSX Corporation Norfolk Southern Corp Union Pacific Corp USA Thomas Wadewitz Nathan Martin Show more
Finance & Economy, Market Report
16:43 02.04.2025

norfolk southern seeks cost sharing in 600 million derailment settlement trial

Norfolk Southern is seeking to hold GATX and OxyVinyls financially responsible for a $600 million settlement related to a 2023 train derailment in East Palestine, Ohio, which released toxic chemicals. The trial will determine liability, as Norfolk Southern argues that both companies share responsibility for the incident, while GATX and OxyVinyls maintain that Norfolk Southern was solely responsible for safety and operational decisions. The outcome will not affect the settlement amounts for affected residents, who are still awaiting payments amid ongoing appeals.
AP News
GATX CORP. R Norfolk Southern Corp USA
Regulatory & Legal, News Article
06:32 30.03.2025
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