1156 ET - This is not going to be CSX's year, but next should be, Stifel analysts say in a research note. Lower coal prices paired with environmental factors and service disruptions should make the first half of the year particularly challenging for the railroad company, the analysts say. However, as the factors dissipate and new infrastructure is brought online, there is potential for a meaningful acceleration in 2026, the analysts add. Overall CSX's shares are cheap, and present an interesting value proposition for investors, the analysts say. Shares fall 2.8% to $32.72. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
January 24, 2025 11:56 ET (16:56 GMT)
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