More Downside For CSX Stock?
1. Warren Buffett ruled out acquisition interest in CSX, causing a 6.5% decline. 2. CSX is sidelined amid consolidation in the railroad industry. 3. Operational weakness and revenue decline raise concerns about CSX's future. 4. Profitability remains high, but valuations and strategic alignment are issues. 5. A $30 price estimate suggests potential further downside for CSX.