BofA Raises its Price Target on CSX Corporation (CSX)

 CSX Corporation (NASDAQ:CSX) is one of the 10 All-Time High Stocks with Legs to Rally Further.

On June 17, 2026, BofA analyst Ken Hoexter raised the firm’s price target on CSX Corporation (NASDAQ:CSX) to $53 from $51 and maintained a Buy rating. Hoexter raised Q2, 2026, and 2027 EPS estimates by 3%, 2%, and 2%, respectively, following the company’s Q2-to-date update. Q2-to-date carloads increased 6.0% year-over-year, above BofA’s previous growth estimate of 2.7%.

Earlier in June, Susquehanna raised its price target on CSX to $50 from $44 and maintained a Neutral rating. Susquehanna described ISM readings as “encouraging” after five consecutive months of expansion and said rail volumes appeared to be running ahead of expectations, with no sign that higher fuel was weighing on industrial demand. Susquehanna also raised price targets across the rail sector. Last month, BofA raised its price target on CSX to $51 from $49 and maintained a Buy rating after the board authorized a $5B share buyback, matching the largest in company history and representing about 6.0% of outstanding shares. BofA made no changes to its 2026, 2027, and 2028 EPS estimates because its forecasts already included buyback assumptions, but said the authorization added upside potential.

BofA Raises its Price Target on CSX Corporation (CSX)

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CSX Corporation (NASDAQ:CSX) provides rail-based freight transportation services in the United States and Canada.

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