Wells Fargo analyst Christian Wetherbee lowered the firm’s price target on CSX (CSX) to $28 from $31 and keeps an Equal Weight rating on the shares. Coming off the firm’s callback, Wells is lowering estimates. Operations remain challenged and it appears real progress may take through the first half to play out. Its estimates assume mid-teens EPS decline this year, some of which has clearly been discounted in shares.
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Read More on CSX:
- CSX price target lowered to $30 from $33 at BofA
- CSX Faces Operational Challenges and Revenue Decline, Hold Rating Maintained Amid Cautious Outlook
- CSX price target lowered to $31 from $35 at Barclays
- CSX Corporation Reports Decline in Q1 2025 Earnings
- Closing Bell Movers: Alcoa slips 2% after Q1 revenue miss
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