Bar lowered for CSX in short-term but long-term issues remain, WSJ says Expectations for railroad operator CSX have been lowered due to the expected impact of the harsh winter, giving the company a potential opportunity for its results and outlook to exceed the lowered bar, said The Wall Street Journal's "Ahead of the Tape" column. However, the report cautions that coal market dynamics and other factors may mean a bigger reset in expectations is still due to come. Reference Link
News For CSX From The Last 14 Days
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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.