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.
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- CSX Positioned for Growth: Buy Rating Amid Operational Challenges and Attractive Valuation
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- CSX price target lowered to $28 from $31 at Wells Fargo
- CSX price target lowered to $30 from $33 at BofA
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