BofA lowered the firm’s price target on CSX (CSX) to $40 from $42 and keeps a Buy rating on the shares. Q3-to-date carload growth is up 0.5% year-year, below the firm’s prior 1.9% target, the analyst tells investors. The firm has lowered its Q3, FY25 and FY26 EPS estimates 8%, 3% and 2%, respectively, the analyst noted.
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