Rick Paterson

Union Pacific Corporation (NYSE: UNP) stock rallied Tuesday after the company announced it will enact a new operating plan Oct. 1. One Wall Street analyst sees the move as reason enough to buy the stock. The Analyst Loop Capital Markets analyst Rick Paterson has upgraded Union Pacific from Hold to...

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...

Analysts at Deutsche Bank said Friday that investors shouldn't be buying United Parcel Service, Inc. (NYSE: UPS), a call Loop Capital Markets disagrees with. The Analyst Loop Capital Markets' Rick Paterson upgraded UPS' stock from Hold to Buy with an unchanged $131 price target...

FedEx Corporation (NYSE: FDX) hit a new all-time high of $253.24 after the company handily exceeded Wall Street's expectations in its fiscal second quarter earnings report. Here is a summary of how some of the Street's top analysts responded to the print. Bank Of America: Solid Quarter...

FedEx Corporation (NYSE: FDX) reaffirmed guidance Tuesday for $1.2 to $1.5 billion in operating income improvement in its Express division and said a U.S. tax cut could add $4.40 to $5.50 to its EPS, according to Loop Capital Markets.   The Analyst Loop Capital Markets' Rick...

Railroad operator Norfolk Southern Corp. (NYSE: NSC) seems to be floundering on the operational front, if views from Loop Capital Markets is anything to go by. The Analyst Loop Capital Markets analyst Rick Paterson downgraded Norfolk Southern from Hold to Sell and lowered his price target from...

FedEx Corporation (NYSE: FDX)'s fiscal first quarter earnings report initially sent the stock lower by 4 percent as the company acknowledged it was negatively impacted by a cyberattack in its TNT unit. However, the stock recovered those after-hours losses and was up more than 2 percent...

Need that Labor Day breather? So did CSX Corporation (NASDAQ: CSX). The railroad operator closed out August with a heavy backlog of shipments, disrupting supply chains from coal to food production and forcing time-constrained clients to seek alternative transport services, according to the Wall...

Canadian Pacific Railway Limited (USA) (NYSE: CP) call to fame has been due to its notoriety of being the worst performing rail stock of 2017. However, even amid this dark cloud, there is a silver lining. Given the underperformance, a sell-side analyst has deemed it worthy of an upgrade. Loop...

What impact will the death of fossil fuels have on CSX Corporation (NASDAQ: CSX)? CSX's CEO Hunter Harrison said during the company's second-quarter conference call that "fossil fuels are dead" — which implies the company won't invest in new coal-related assets, Loop Capital Markets' Rick...

Loop Capital Markets said in a note released on Friday Canadian Pacific Railway Limited (USA) (NYSE: CP)'s pivot to growth will take longer than the markets thinks. This along with the fact that the company's stock has come within 4 percent of its price target has prompted the firm to downgrade its...

Speaking before the U.S. Senate Tuesday, FedEx Corporation (NYSE: FDX) CEO Michael L. Ducker reminded the Trump administration of its commitment to improve the infrastructure network in the country. Ducker noted that while regular freight forwarding could take as long as a week, FedEx and its...

For railroad companies like CSX Corporation (NASDAQ: CSX), improvements in operating ratio are always good news for shareholders. But according to a new report from Loop Capital analyst Rick Paterson, focusing on operating ratio will only take a railroad stock so far. Rails Paterson pointed out...

As one of the largest customers of United Parcel Service, Inc. (NYSE: UPS), Amazon.com, Inc. (NASDAQ: AMZN) could put a sizeable dent in UPS shipments with its upcoming package air hub. Due to impending diversion of packages from the UPS stream, Loop Capital Markets lowered its company price...