Back to mobile site

Goldman Sachs Downgrades CSX (CSX) to Neutral

January 10, 2013 7:01 AM EST
Get Alerts CSX Hot Sheet
Price: $50.16 +0.04%

Rating Summary:
    24 Buy, 15 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
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.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Downgrades, Hot Downgrades

Related Entities

Goldman Sachs, Earnings