Saying the drop in coal volume carried by CSX Corporation (NYSE:CSX) may have bottomed out, Bank of America Merrill Lynch added the railroad to its US 1 list on Tuesday. The list reflects the bank’s strongest investment ideas. Reiterating its “buy” rating, the BoA analysts set a target price of $32. CSX Corporation (NYSE:CSX) shares after opening at $29.45on last trade day and at the end of the day closed at $29.07. Company price to sales ratio in past twelve months was calculated as 11.42 and price to cash ratio as 6.62. CSX Corporation (NYSE:CSX) showed a positive weekly performance of 0.58%.
Chevron Corporation (NYSE:CVX) gave $500,000 to Odessa College on Tuesday to further the more technical oilfield training the school is working to expand. Chevron Corporation (NYSE:CVX) shares advanced 1.07% in last trading session and ended the day on $117.09. CVX return on equity ratio is recorded as 14.90% and its return on assets is 8.70%. Chevron Corporation (NYSE:CVX) yearly performance is 0.75%.
Spirit Airlines (NASDAQ:SAVE)’s share price gapped up prior to trading on Tuesday after Buckingham Research raised their price target on the stock from $67.00 to $76.00, Analyst Ratings Network reports. The stock had previously closed at $59.38, but opened at $60.32. Spirit Airlines shares last traded at $62.11, with a volume of 708,926 shares. Spirit Airlines Incorporated (NASDAQ:SAVE) shares moved up 2.44% in last trading session and was closed at $61.79, while trading in range of $61.40 – $63.89. Spirit Airlines Incorporated (NASDAQ:SAVE) year to date (YTD) performance is 36.07%.
Golar LNG (NASDAQ:GLNG) was upgraded by analysts at Thomson Reuters/Verus from a sell rating to a hold rating. Golar LNG Limited (USA) (NASDAQ:GLNG) weekly performance is 6.67%. On last trading day company shares ended up $42.89. Golar LNG Limited (USA) (NASDAQ:GLNG) distance from 50-day simple moving average (SMA50) is 18.13%. Analysts mean target price for the company is $42.09.