Susquehanna lowered the firm’s price target on Norfolk Southern to $265 from $270 and keeps a Neutral rating on the shares. The firm said they remain on the sidelines as the proxy fight comes to a head in late April, but marking their forecasts moderately lower on the 1Q pre-announcement and preliminary settlement of the East Palestine class action.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NSC:
- Norfolk Southern (NYSE:NSC) to Settle Ohio Train Derailment Lawsuit for $600M
- Norfolk Southern: Preliminary Q1 Results and Upcoming Webcast
- Norfolk Southern reports preliminary first quarter 2024 results
- Norfolk Southern price target raised to $275 from $240 at JPMorgan
- Ulta upgraded, Skyworks downgraded: Wall Street’s top analyst calls