UPDATE: Jefferies Raises PT on CSX Corporation on 1Q Earnings Preview

In a report published Wednesday, Jefferies analyst Peter Nesvold reiterated a Buy rating on CSX Corporation (NYSE: CSX ), and slightly raised the price target from $29.00 to $30.00. In the report, Nesvold noted, “Transports rallied from 800 basis points of underperformance in 2012 to 670 basis points of outperformance