rail

The latest iteration of the surface transportation and infrastructure bill has additional provisions for highway-rail grade crossings amid constituent and emergency responders' concerns about long wait times at blocked crossings. The new provisions spelled out in the INVEST in America Act include...

Union Pacific Corporation (NYSE: UNP) reported second-quarter results which turned Raymond James incrementally bullish while Morgan Stanley maintained its bearish stance. The Analysts Raymond James' Patrick Tyler Brown maintains a Strong Buy rating on Union Pacific with a price target lifted...

Railroad company CSX Corporation (NASDAQ: CSX) reported Tuesday with second-quarter results that were notable for a miss on the EPS and revenue lines. Here's how some of the Street's top analysts reacted. The Analysts RBC Capital Markets' Walter Spracklin maintained...

CSX Corporation (NASDAQ: CSX) said Tuesday afternoon CFO and executive vice president Frank Lonegro will leave the company after 19 years of service. The announcement could be seen as surprising in some ways and in other ways not so, according to Morgan Stanley. The Analyst Morgan Stanley's...

Transportation and logistics company J B Hunt Transport Services Inc (NASDAQ: JBHT) reported Monday with a top- and bottom-line miss in the first quarter — results that have Morgan Stanley questioning whether they represent a "reality check" for the transportation...

Rail company CSX Corporation (NASDAQ: CSX) reported Wednesday afternoon with a top- and bottom-line fourth-quarter beat, but cautioned investors to expect a slowdown in revenue growth in 2019 from 7 percent in 2018 to a "low single-digit." The Analysts Morgan Stanley's Ravi Shanker...

President Donald Trump and his Mexican counterparts reached a preliminary trade agreement this week that bodes well for Kansas City Southern (NYSE: KSU) as nearly 50 percent of the U.S.-based rail company's business comes from the Mexican market, according to Cowen. The Analyst Cowen's...

CSX Corporation (NASDAQ: CSX) reported second-quarter results Tuesday that prompted Loop Capital Markets to turn bullish on the stock. The Analyst Loop analyst Rick Paterson upgraded CSX from Hold to Buy with a price target lifted from $65 to $78. The Thesis CSX's Q2 print makes it...

Goldman Sachs initiated coverage of rail stocks six months ago and revisited its thesis in a Monday report, including "admitting some wrongs." The Analyst Goldman Sachs' Matt Reustle upgraded CSX Corporation (NASDAQ: CSX) from Sell to Neutral with a price target lifted from $52 to $...

Westinghouse Air Brake Technologies Corp (NYSE: WAB) (also known as Wabtec) a supplier of value-added products and services for rail markets, could achieve its earnings guidance over the coming years that supports a bullish stance on the stock, according to Deutsche Bank. The Analyst Deutsche...

J B Hunt Transport Services Inc (NASDAQ: JBHT), a transport services company that offers freight solutions across the U.S., Canada and Mexico, spent the better part of the past decade adapting its business to changes in customer demand, something Wall Street's newest bull analyst appreciates....

Canadian National Railway (USA) (NYSE: CNI) CEO Luc Jobin was "ousted" from the company after less than two years. The executive departure marks the "most significant" railroad CEO change in years aside from activist involvements and necessitates a downgrade, according to Bank...

The Street had only good things to say about Trinity Industries Inc (NYSE: TRN). That is, until Tuesday. The rail company earned its only bearish rating diluting seven Buys. The Rating Vertical Group analyst Gordon Johnson initiated coverage on Trinity Industries with a Sell rating and $20 price...

The rail supply industry is stuck in a "somewhat meh" state, but Trinity Industries Inc (NYSE: TRN) is an attractive buy, according to Wells Fargo. The Analyst Wells Fargo's Allison Poliniak-Cusic upgraded Trinity Industries from Market Perform to Outperform with a price target...

Genesee & Wyoming Inc (NYSE: GWR), a U.S.-based owner and operator of freight railroads across the world, has underperformed its Class I peers since 2015 but now one analyst is confident the tide has turned. The Analyst JPMorgan's Brian Ossenbeck initiated coverage of G&W's stock...