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Raymond James downgrades CSX (CSX) to Market Perform from Outperform based on its cautious...

Raymond James downgrades CSX (CSX) to Market Perform from Outperform based on its cautious outlook for the coal. The company also was lowered by Goldman Sachs to Neutral from a previous rating of Buy. CSX -1.3% premarket.
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Comments (4)
  • Regarded Solutions
    , contributor
    Comments (18971) | Send Message
     
    seems like a buying opportunity. Thank you shortsighted analysts who blow in the wind!
    10 Jan 2013, 08:08 AM Reply Like
  • deercreekvols
    , contributor
    Comments (6782) | Send Message
     
    I'm a buyer!
    It wouldn't surprise me if Goldman Sachs is not buying this too.
    Lest we forget the Nokia "sell" call, while Goldman was buying 60M shares.
    10 Jan 2013, 09:56 AM Reply Like
  • jw4golf
    , contributor
    Comments (340) | Send Message
     
    they just now figured out coal shipments are lower? where have they been, even the messiah said he hates coal. no reason for downgrade, look at gs reason.
    10 Jan 2013, 11:04 AM Reply Like
  • tsajames
    , contributor
    Comments (51) | Send Message
     
    CSX split in the summer of 2011. A 75$ before 3/1 split. It has been in this trading range for over a year. My goodness, a downgrade!

     

    Read between the lines on this stock, it is soon to be a buy. How many of these institutions own this stock. Well at least those who downgraded the stock, are presently buying but, telling others to sell.
    10 Jan 2013, 09:09 PM Reply Like
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