CSX price target lowered to $35 from $36 at RBC Capital

By Yahoo! Finance | Oct 18, 2024 at 08:36 AM EST

RBC Capital reduced CSX's price target to $35 and maintained a Sector Perform rating due to Q3 earnings miss and reduced outlook, blamed on bad weather. Analysts anticipate further impact in Q4 from recent hurricanes, expecting short-term pressure on shares despite potential long-term opportunities at Investor Day.

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