Jefferies analyst Stephanie Moore reiterated a Buy rating on Norfolk Southern (NSC – Research Report) yesterday and set a price target of $260.00.
Stephanie Moore’s rating is based on Norfolk Southern’s ability to maintain its 2025 outlook despite recent challenges. The company has demonstrated resilience by quickly addressing network disruptions caused by winter weather, and its first-quarter results were largely in line with expectations. Norfolk Southern has reiterated its commitment to achieving a 3% revenue growth and a 150 basis points improvement in operating ratio by 2025, which reflects its strategic focus on cost savings and operational efficiency.
Moreover, Stephanie Moore highlights the company’s potential to enhance safety and service, gain market share, and implement initiatives to streamline operations. The company’s ability to price ahead of cost inflation and execute productivity savings across various areas further supports the Buy rating. Despite macroeconomic uncertainties, Norfolk Southern’s strategic initiatives and flexibility in resource management position it well for future growth, making it a favorable investment opportunity.
In another report released today, Barclays also maintained a Buy rating on the stock with a $290.00 price target.
NSC’s price has also changed moderately for the past six months – from $256.980 to $221.950, which is a -13.63% drop .