RBC Capital Maintains Sector Perform on CSX, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Walter Spracklin has maintained a 'Sector Perform' rating on CSX Corporation (NASDAQ:CSX) but lowered the price target from $37 to $36.

April 18, 2024 | 4:03 pm
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RBC Capital maintains a 'Sector Perform' rating on CSX Corporation, with a reduced price target from $37 to $36.
The reduction in price target by RBC Capital, despite maintaining the same performance rating, could indicate a slight negative adjustment in the valuation or outlook for CSX Corporation. This adjustment, while not a downgrade in rating, suggests a tempered expectation for the stock's performance in the near term, potentially influencing investor sentiment and the stock's price movement negatively.
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