CSX sell-off a buying opportunity, says FBR Capital FBR Capital views yesterday's post-earnings sell-off in shares of CSX Corporation as a buying opportunity. The firm believes expectations for lower earnings growth in 2014 are now fully priced into shares and keeps an Outperform rating on the stock. FBR lowered its price target for shares to $33 from $35.
News For CSX From The Last 14 Days
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CSX price target raised to $38 from $33 at Argus Argus increased its price target on CSX after the company reported stronger than expected Q2 results. The firm remains upbeat on North American railroad companies and keeps a Buy rating on CSX.