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In a report published Monday, Morgan Stanley analyst William J. Greene reiterated an Overweight rating and $29.00 price target on
CSX CorporationCSX.
In the report, Morgan Stanley noted, “We took CSX mgmt on the road to meet with investors last week, and came away with a renewed sense of conviction in the idiosyncratic nature of CSX's long-term mid-60s OR target. Moreover, we see a possibility of 2H surprises if recent severe weather resets dom. coal inventories.”
CSX Corporation closed on Friday at $27.71.
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