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Fly News Breaks for February 23, 2016
CSX
Feb 23, 2016 | 08:24 EDT
Morgan Stanley analyst Ravi Shanker downgraded CSX two notches to Underweight from Overweight and lowered his price target to $20 from $26 on shares. The analyst is concerned about CSX's high exposure to challenging end markets of coal, energy auto, and intermodal, and relatively weak operating metrics.
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