Evercore ISI Group analyst Jonathan Chappell has maintained CSX with an In-Line rating and raised the price target to $47 from $46. The adjustment reflects a revised valuation outlook for the transportation company.

Rating and Price Target

The research note updates the investment stance on CSX without altering the In-Line recommendation. The price target increase signals a modest shift in the expected valuation.

CSX Corp. unveiled two commemorative locomotives on June 08, 2026, celebrating the 250th anniversary of the United States and highlighting the railroad's role in the nation's economy. The locomotives, numbered 250 and 2026, were painted at the company's Waycross, Georgia, facility and are modernized, high-horsepower CM44AH units designed for efficient mainline service. This initiative underscores the historical significance of freight railroads in powering American growth and prosperity for more than two centuries.

"Freight railroads have powered American growth and prosperity for more than two centuries," said Steve Angel, president and chief executive officer of CSX. "From the Baltimore and Ohio Railroad, one of CSX's predecessors and the nation's first common carrier, to today's CSX system, rail remains essential to the U.S. economy. These locomotives celebrate that unique American legacy and the people who made it possible."

The two locomotives feature distinct designs reflecting national themes. Unit 250 displays a bold Stars and Stripes theme to celebrate America's anniversary year. Unit 2026 features the American bald eagle and the phrase "United We Stand," emphasizing national strength and unity. Both units will soon travel to Washington for a ceremonial run through the capital before entering regular service across the CSX network.

CSX's operations in the nation's capital reinforce these themes, as the company owns and operates most of the rail infrastructure in Washington, D.C. The company's workforce reflects a commitment to service, with approximately one in five employees having served in the U.S. military. CSX provides rail, intermodal, and rail-to-truck transload services across markets including energy, industrial, construction, agricultural, and consumer products.

Locomotive Specifications