Barclays upgraded Norfolk Southern to Overweight from Equal Weight with a price target of $305, up from $255. The analyst says the potential for board and management change are likely to accelerate operational improvements at Norfolk Southern. The firm sees “significant long-term upside potential” in the shares.
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Read More on NSC:
- Norfolk Southern, BLET, SMART-TD, and FRA sign landmark C3RS safety agreement
- North American rail traffic up 3.6% for the week ending February 10
- Norfolk Southern price target raised to $286 from $253 at Citi
- North American rail traffic up 10% for the week ending February 3
- Bad News for Norfolk Southern Corp Stock: This New Risk Has Been Added
