** Aurizon Holdings' AZJ.AX trading update is "soft" and "unexpected" - Citi
** On Thursday, company said it expects FY25 underlying EBITDA to be A$1.58 bln ($1.03 bln), vs Visible Alpha consensus of A$1.61 bln
** "Recent leadership change adds to concerns that execution is below expectations" - Citi
** Brokerage maintains "neutral" rating, cuts PT to A$3.25 apiece
** Four of 14 analysts rate the stock "buy" or higher, nine rate "hold", and one "sell" or lower; their median PT is A$2.6 according to data compiled by LSEG
** Stock down 8% so far this year
($1 = 1.5253 Australian dollars)
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com))