CSX Corp. (NASDAQ:CSX) reported mixed first-quarter results after Wednesday’s closing bell.

CSX reported quarterly earnings of 43 cents per share, which beat the analyst consensus estimate of 39 cents by 10.26%, according to Benzinga Pro data. Quarterly revenue came in at $3.48 billion, which missed the Street estimate of $3.49 billion. 

"CSX performed well this quarter by providing reliable and efficient service to our customers through changing market conditions, while improving our expense profile," said CSX CEO Steve Angel.

CSX shares gained 5% to $45.33 in pre-market trading.

These analysts made changes to their price targets on CSX following earnings announcement.

  • B of A Securities analyst Ken Hoexter maintained CSX with a Buy and raised the price target from $46 to $49.
  • Goldman Sachs analyst Jordan Alliger maintained the stock with a Neutral and raised the price target from $37 to $41.
  • BMO Capital analyst Fadi Chamoun maintained CSX with a Market Perform and raised the price target from $40 to $45.

Considering buying CSX stock? Here’s what analysts think:

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