Raymond James Maintains Outperform on CSX, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Brown has reaffirmed an Outperform rating on CSX Corporation (NASDAQ:CSX) and increased the price target from $35 to $38, signaling confidence in the company's stock performance.
January 16, 2024 | 1:01 pm
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POSITIVE IMPACT
CSX Corporation's stock may see a positive short term impact due to Raymond James analyst Patrick Brown's upgraded price target from $35 to $38, maintaining an Outperform rating.
Analyst ratings and price target changes are significant indicators for investors, often influencing stock prices. The increase in price target by Raymond James suggests a positive outlook for CSX, which could lead to an uptick in investor sentiment and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100