Analysts at Goldman Sachs Group, Inc. (The) assumed coverage on shares of CSX Co. (NYSE:CSX) in a research report issued to clients and investors on Monday. The brokerage set a “sell” rating and a $45.00 price target on the stock. Goldman Sachs Group, Inc. (The)’s price target indicates a potential downside of 9.69% from the stock’s previous close.

CSX (NYSE CSX) traded down $0.25 during mid-day trading on Monday, hitting $49.83. 2,710,000 shares of the company traded hands, compared to its average volume of 5,760,000. CSX has a fifty-two week low of $33.79 and a fifty-two week high of $55.48.

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CSX Company Profile

CSX Corporation is a transportation company. The Company provides rail-based freight transportation services, including traditional rail service and transport of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations.

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