Goldman Sachs Downgrades CSX (CSX) to Neutral
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Price: $50.58 +0.84%
Rating Summary:
24 Buy, 15 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
24 Buy, 15 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Goldman Sachs downgraded CSX (NYSE: CSX) from Buy to Neutral with a price target of $23.00 saying the more attractive investment opportunities within the transportation sector.
The firm We thins the Estern rails are likely to post the weakest yoy earnings growth in the transport space in 1H13 on soft export coal fundamentals and only modest traffic growth ex-coal, the firm notes.
For an analyst ratings summary and ratings history on CSX click here. For more ratings news on CSX click here.
Shares of CSX closed at $20.54 yesterday.
The firm We thins the Estern rails are likely to post the weakest yoy earnings growth in the transport space in 1H13 on soft export coal fundamentals and only modest traffic growth ex-coal, the firm notes.
For an analyst ratings summary and ratings history on CSX click here. For more ratings news on CSX click here.
Shares of CSX closed at $20.54 yesterday.
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