Evercore ISI Downgrades CSX Corporation (CSX) to In Line from Outperform

CSX Corporation (NASDAQ:CSX) is one of the 10 Most Profitable S&P 500 Stocks to Buy Now.

On March 19, 2026, Evercore ISI downgraded CSX Corporation (NASDAQ:CSX) to In Line from Outperform and raised its price target to $41 from $40. Evercore said that while the company could still deliver industry-leading EPS growth over the next two years, much of the upside appears already reflected in the stock following a 51% rebound from its 52-week low and a 9.35% gain year-to-date.

Evercore ISI Downgrades CSX Corporation (CSX) to In Line from Outperform

matthew siddons / Shutterstock.com

On March 16, 2026, CSX Corporation (NASDAQ:CSX) announced a new group of properties designated under its CSX Select Site program, with 21 sites across 10 states receiving gold, silver, or bronze ratings. The company said the program identifies rail-served locations suited for industrial development, noting that only about 6% of the more than 1,110 sites it serves qualify for the designation.

Earlier in March, Jefferies raised its price target on CSX Corporation (NASDAQ:CSX) to $50 from $42 and maintained a Buy rating, describing transportation infrastructure as “core HALO exposures,” or assets that are difficult to replicate and less vulnerable to disruption. The firm said these characteristics support long-term value in rail networks.

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

While we acknowledge the risk and potential of CSX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CSX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None.  Follow Insider Monkey on Google News.