B of A Securities Downgrades CSX to Neutral, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter has downgraded CSX (NASDAQ:CSX) from Buy to Neutral and lowered the price target from $37 to $34.

August 04, 2023 | 4:47 pm
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NEGATIVE IMPACT
CSX has been downgraded from Buy to Neutral by B of A Securities, with a lowered price target of $34.
The downgrade from Buy to Neutral indicates a less optimistic outlook for CSX by B of A Securities. The lowering of the price target from $37 to $34 suggests that the analyst believes the stock may not perform as well as previously expected. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100