CSX Gets Target Boost from Jefferies as Rail Infrastructure Seen as AI-Resistant

Core Insights - CSX Corporation is recognized as one of the 14 best dividend stocks to invest in under $50 [1] - Jefferies analyst Stephanie Moore raised the price target for CSX from $42 to $50, maintaining a Buy rating, highlighting the resilience of transportation networks against AI disruption [2] - CSX's board approved a quarterly dividend of $0.14 per share, reflecting an 8% increase from the previous dividend of $0.13 [3] Company Overview - CSX Corporation operates as a transportation company, providing rail, intermodal, and rail-to-truck transload services across various industries, including energy, industrial, construction, agriculture, and consumer products [4]