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
Check below for free stories on CSX the last two weeks.
On The Fly: Analyst Downgrade Summary Today's noteworthy downgrades include: Applied Micro Circuits (AMCC) downgraded to Market Perform at FBR Capital... CSX (CSX) downgraded to Neutral from Outperform at Macquarie... Southwestern Energy (SWN) downgraded to Market Perform from Outperform at BMO Capital... Steven Madden (SHOO) downgraded to Neutral from Buy at Citigroup... Teck Resources (TCK) downgraded to Sell from Neutral at Goldman... United Technologies (UTX) downgraded at Cowen... Walter Investment (WAC) downgraded to Market Perform from Outperform at FBR Capital... Whiting USA Trust (WHX) downgraded to Underperform at Raymond James... magicJack (CALL) downgraded to Hold from Buy at Canaccord.