Bernstein analyst David Vernon lowered the firm’s price target on CSX (CSX) to $31 from $32 and keeps a Market Perform rating on the shares. The firm notes CSX reported a headline 7% earnings miss as weather, mix, and service challenges from network outages negatively impacted the quarter.
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Read More on CSX:
- CSX price target lowered to $34 from $36 at Stephens
- CSX price target lowered to $33 from $34 at Stifel
- CSX Faces Operational and Market Challenges: Hold Rating Recommended
- CSX price target lowered to $33 from $34 at Raymond James
- CSX Positioned for Growth: Buy Rating Amid Operational Challenges and Attractive Valuation
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