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CSX Transportation Slips to 93rd in Trading Volume as Goldman Sachs Downgrades to Neutral
Generated by AI AgentAinvest Volume Radar
Monday, Jun 2, 2025 8:00 pm ET1min read
On June 2, 2025,
(CSX) experienced a decline of 1.11%, with a trading volume of 7.82 billion, ranking 93rd in the day's stock market activity.Goldman Sachs has revised its stance on
, lowering its rating from "Buy" to "Neutral." This change was announced by analyst Jordan Alliger, who also maintained a price target of $35 for the stock. The downgrade reflects a more cautious outlook on the company's prospects, potentially influencing investor sentiment and trading activity.This shift in rating comes as part of a broader adjustment in Goldman Sachs' views on the rail industry, with several other major players also seeing their ratings lowered. The move underscores a strategic realignment in the firm's investment recommendations, focusing on sectors that may offer more robust growth opportunities.
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