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Fly News Breaks for April 17, 2019
CSX
Apr 17, 2019 | 09:01 EDT
Credit Suisse analyst Allison Landry raised her price target for CSX to $93 from $88, while reiterating an Outperform rating on the shares. While there were a couple of transitory items that helped in the quarter, the analyst believes they do not at all detract from the otherwise compelling long term story at CSX that the Q1 results are underwriting, namely that the company continues to execute on meaningful structural cost take-outs, a higher quality revenue stream, and improved free cash flow conversion.
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CSX
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