Citi lowers CSX stock price target, Buy rating on growth potential By Investing.com
On Tuesday, Citi analyst Ariel Rosa adjusted the stock price target for CSX Corporation (NASDAQ:) to $40.00, a decrease from the previous target of $44.00, while reaffirming a Buy rating on the stock. Rosa highlighted that CSX remains Citi’s preferred choice in the railroad sector, despite acknowledging the company’s challenges in the first half of 2025 due to hurricane-related network repairs.
The analyst pointed out that with labor issues largely settled, CSX can now concentrate on its principal operations. Currently trading near its 52-week low of $31.43, CSX maintains impressive gross profit margins of 49%. InvestingPro analysis shows the company has maintained dividend payments for 44 consecutive years, demonstrating remarkable…
