Stephens lowered the firm’s price target on CSX (CSX) to $34 from $36 and keeps an Overweight rating on the shares. Tariff uncertainty has widened the potential outcomes this year, though the firm still sees a path towards modest volume growth and believes the risk/reward “skews positively for shares from here,” the analyst tells investors in a post-earnings note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSX:
- 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
- CSX Faces Operational Challenges Amidst Macroeconomic Uncertainties, Holds Rating Despite Recovery Efforts
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue