(Source: Cerbat Gem, November 14, 2016)
NEW YORK — CSX Corp. was downgraded by equities researchers at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a report issued on Thursday. They currently have a $35.00 price objective on the stock, up from their previous price objective of $34.00. BMO Capital Markets’ price objective would suggest a potential upside of 1.21% from the stock’s current price. The analysts noted that the move was a valuation call.
Full story: Cerbat Gem