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Fly News Breaks for July 20, 2017
CSX
Jul 20, 2017 | 07:27 EDT
UBS analyst Thomas Wadewitz said the CSX improvement story is on track and admitted time is required to digest the changes. He continues to have confidence in the company's ability to deliver significant operating improvement and earnings growth over the next few years and recommends buying the shares on any pullback. Wadewitz reiterated his Buy rating and lowered his price target to $62 from $63 on CSX shares.