Jefferies Maintains Hold on CSX, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Stephanie Moore maintains a Hold rating on CSX Corporation (NASDAQ:CSX) and lowers the price target from $40 to $38.
April 18, 2024 | 2:47 pm
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Jefferies maintains a Hold rating on CSX Corporation and lowers the price target from $40 to $38.
The reduction in price target by Jefferies reflects a negative outlook on CSX's stock price in the short term. This adjustment could lead to a decrease in investor confidence and potentially lower stock prices as market participants adjust their expectations based on the new analyst target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100