CSX shares are trading lower after B of A Securities downgraded the stock from Buy to Neutral.
Portfolio Pulse from Benzinga Newsdesk
Bank of America Securities has downgraded CSX stock from Buy to Neutral, leading to a decrease in CSX shares.
August 04, 2023 | 5:32 pm
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CSX stock has been downgraded from Buy to Neutral by Bank of America Securities, resulting in a decrease in share price.
The downgrade of CSX stock by Bank of America Securities from Buy to Neutral indicates a less optimistic outlook for the company, which can lead to selling pressure and a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100