CSX Surpasses Average Analyst Expectations

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CSX Corp (CSX) shares recently surpassed the average analyst 12-month target price of $37.70, trading at $37.71 per share. This movement prompts analysts to evaluate whether to downgrade the stock or raise their price targets, which currently range from $26.00 to $42.00, with a standard deviation of $3.949 across 17 different targets.

As of now, CSX holds 10 “Strong Buy” ratings, 1 “Buy,” 6 “Hold,” and 1 “Strong Sell.” The average analyst rating for CSX stands at 1.94, on a scale where 1 represents a “Strong Buy” and 5 represents a “Strong Sell.” Analyst opinions may shift as they assess fundamental business developments tied to the stock’s recent performance.

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