Raymond James analyst Patrick Tyler Brown lowered the firm’s price target on CSX (CSX) to $33 from $34 and keeps an Outperform rating on the shares. The firm notes the company continues to execute its ONECSX initiatives, which it expects will continue to drive operational and cultural improvements that should translate to stronger revenues, margin, EPS, and free cash flow in out years.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSX:
- CSX Positioned for Growth: Buy Rating Amid Operational Challenges and Attractive Valuation
- CSX Faces Operational Challenges Amidst Macroeconomic Uncertainties, Holds Rating Despite Recovery Efforts
- CSX price target lowered to $28 from $31 at Wells Fargo
- CSX price target lowered to $30 from $33 at BofA
- CSX Faces Operational Challenges and Revenue Decline, Hold Rating Maintained Amid Cautious Outlook