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Key facts: Wells Fargo upgraded CSX shares from Hold to Buy, raising the price target from $37 to $40 due to improved operations and new commercial agreements expected to boost earnings.

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  • Wells Fargo upgraded CSX shares from Hold to Buy, raising the price target from $37 to $40 due to improved operations and new commercial agreements expected to boost earnings.1
  • CSX reported stagnant sales volumes, with units sold remaining at 1.58 million in the latest quarter, reflecting potential market saturation or increased competition.2