CSX Shares Slide As Q4 Revenues Fall Short, Impact From 'Operational Issues' Notes Analyst
CSX(CSX) Benzinga·2025-01-24 17:02
CSX Corp CSX tanked in early trading on Friday, after the company reported disappointing fourth-quarter revenues.The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways.BMO Capital Markets On CSXAnalyst Fadi Chamoun reiterated an Outperform rating while reducing the price target from $40 to $38.CSX reported fourth-quarter revenues of around $3.54 billion, down 3.8% year-on-year "despite 1% higher volume, robust pricing in the merchandise segment and s ...