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Fly News Breaks for October 19, 2015
CSX, KSU
Oct 19, 2015 | 07:46 EDT
JPMorgan analyst Brian Ossenbeck removed Kansas City Southern (KSU) from its Analyst Focus List citing moderating earnings growth amid softer Mexican auto production and increased risk to intermodal growth from a weaker peso. He lowered his price target for shares to $112 from $120 and keeps an Overweight rating on the name. Ossenbeck added CSX (CSX) to his firm's Focus List citing valuation and potential upside from improving low track densities. He keeps an Overweight rating on the name with a $39 price target.
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