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Investment firms cut holdings in CSX, which missed earnings targets but retains a "Moderate Buy" rating.
Investment firms Augustine Asset Management, Citizens National Bank Trust Department, and CFM Wealth Partners reduced their holdings in transportation company CSX Corporation during the first quarter of this year.
Despite missing analysts' earnings expectations, CSX has a "Moderate Buy" rating with a forecasted EPS of $1.83 for the year.
The company provides rail-based freight services and reported a strong net margin and return on equity in its last earnings report.
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Las empresas de inversión recortaron las participaciones en CSX, que no alcanzó los objetivos de ganancias, pero mantiene una calificación de "Compra moderada".