Norfolk Southern price target lowered to $235 from $250 at Barclays

Barclays analyst Brandon Oglenski lowered the firm’s price target on Norfolk Southern to $235 from $250 and keeps an Equal Weight rating on the shares post the Q1 results. Efforts to address East Palestine derailment continue to weigh on the company’s network fluidity and operating costs, with macro uncertainty and a strong regional competitor also likely to "keep earnings in check" over the near term, the analyst tells investors in a research note.