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Dahlman Rose downgrades eastern rails CSX (CSX -2%) and Norfolk Southern (NSC -1.5%) to Hold (I,...

Dahlman Rose downgrades eastern rails CSX (CSX -2%) and Norfolk Southern (NSC -1.5%) to Hold (I, II) on concerns that export met coal price declines could pressure volume and pricing. Though the firm's long-term rail outlook remains favorable, it is more cautious in the near- to medium-term, lowering its estimates below consensus for both stocks.
Comments (4)
  • who is dahlman rose and what are their qualifications?
    4 Sep 2012, 11:03 AM Reply Like
  • bot some csx today at 21.33
    5 Sep 2012, 02:52 PM Reply Like
  • Owned some at $22.06 and bought more last week at $21.53.
    Selling the Feb 2013 20.00 puts.
    10 Sep 2012, 09:30 AM Reply Like
  • took some csx profits today at 22.48
    11 Sep 2012, 09:35 AM Reply Like
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