Rick Paterson

If you think CSX Corporation (NASDAQ: CSX) is the only possible M&A target, you could be mistaken. There might be other potential opportunities for investors, according to Loop Capital. On Monday, Canadian Pacific Railway Limited (USA) (NYSE: CP) filed its separation agreement with outgoing CEO...

“We were impressed by Kansas City Southern (NYSE: KSU)'s bravado on its Q4 earnings call as management maintained a business as usual attitude with regard to Mexico, including planned capital spending and optimism on auto growth,” Loop Capital’s Rick Paterson said in a note....

Loop Capital's Rick Paterson says the mid-single-digit pricing growth in the rail sector feels like a distant memory amid deteriorating pricing environment. Paterson cited two industry themes: i) a lack of conviction on 2017 freight volumes and ii) pricing continues to decelerate following the...

Following reports of Hunter Harrison attempting a management shakeup at CSX Corporation (NASDAQ: CSX) along with hedge fund manager and activist investor Paul Hilal, Loop Capital's Rick Paterson told Benzinga that it isn't as simple as it seems. Harrison + Hilal = Lethal Combo According to a...

Canadian Pacific Railway Limited (USA) (NYSE: CP) unexpectedly announced the departure of CEO Hunter Harrison, more than five months prior to the expiration of his contract. The news “just accelerates a transition that has been in place for some time,” Loop Capital's Rick Paterson...

Kansas City Southern (NYSE: KSU) investors should keep their expectations in check ahead of the company’s Q4 earnings report on February 20. In a new report, Loop Capital analyst Rick Paterson outlines a number of headwinds the railroad company is facing at the moment. According to...

“Rather than try to guess what President-elect Trump will actually accomplish we will instead steer investors to Canadian Pacific Railway Limited (USA) (NYSE: CP) based on the usual high quality, good management, strong FCF arguments,” Loop Capital’s Rick Paterson said in a note....

Following the announcement by Ford Motor Company (NYSE: F) that it had cancelled its planned investment in an automotive plant in Mexico, Loop Capital’s Rick Paterson expressed concern regarding Kansas City Southern (NYSE: KSU). Paterson maintains a Buy rating on Kansas City Southern, with a...

While United Parcel Service, Inc. (NYSE: UPS)'s huge package business is characterized by high quality and profitability, the cause for caution stems from the “unusually weak and fragile state of world trade growth,” Loop Capital Markets’ Rick Paterson said in a report. He...

Railroad companies Kansas City Southern (NYSE: KSU) and Union Pacific Corporation (NYSE: UNP) could have a lot on the line if Donald Trump follows through on his protectionist campaign promises. While most analysts have focused on Kansas City Southern due to its exposure to Mexico, Loop Capital...

Rick Paterson of Loop Capital has launched coverage of J B Hunt Transport Services Inc (NASDAQ: JBHT) with a Buy rating and $100 price target on inflection in truck pricing and company’s guidance for mid- to high-single-digit volume growth at its franchise intermodal unit in 2017. Bullish...

According to Rick Paterson of Loop Capital Markets, Republican presidential nominee Donald Trump's policies could be seen as a "material threat" to Kansas City Southern's (NYSE: KSU) business. Specifically, Trump attacked Ford Motor Company's (NYSE: F) decision to shift...

Loop Capital has started coverage of Canadian National Railway (USA) (NYSE: CNI) with a Hold rating and $64 price target, saying the continued fall in operating ratio and pricing surpassing inflation could result in greater regulatory scrutiny. "With the railroad operating ratio falling from 89...

The operational metrics of CSX Corporation (NASDAQ: CSX) since the 2014 capacity crunch have lagged other railroads, Loop Capital said, while maintaining its Hold rating and raising the price target by $1 to $31. Loop Capital said CSX's year-to-date average train speed is 9 percent below its 2013...