UBS Maintains Buy on CSX, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Thomas Wadewitz maintains a Buy rating on CSX Corporation (NASDAQ:CSX) but lowers the price target from $46 to $44.

April 18, 2024 | 4:25 pm
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UBS maintains a Buy rating on CSX but lowers the price target from $46 to $44.
The adjustment in price target by UBS reflects a nuanced view on CSX's valuation, suggesting a slightly reduced but still positive outlook. While the Buy rating indicates continued confidence in the company's fundamentals, the reduction in price target may temper expectations for short-term price appreciation. This could lead to a neutral short-term impact on the stock as investors digest the implications of the adjusted price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100