“CSX Corp’s Rating Downgrade: What It Means for Near-Term Earnings”
CSX: From Buy to Hold Downgrading Due to Near-Term Earnings Weakness I am downgrading CSX from buy to hold due to near-term earnings weakness despite operational improvements and long-term growth potential. CSX’s 4Q24 results showed a 4% revenue decline, primarily from coal revenue drops and lower fuel surcharges, but intermodal volume grew 4%. Positive long-term…