BofA lowered the firm’s price target on Norfolk Southern (NSC) to $267 from $272 and keeps a Buy rating on the shares. The firm increased its 2025 and 2026 EPS estimates 1% each to $13.00 and $14.90, respectively, but tweaked down its multiple a half turn on relative market spread.
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Read More on NSC:
- Norfolk Southern’s Strong Operational Performance and Strategic Cost Management Justify Buy Rating
- Norfolk Southern Reports Strong Q1 2025 Earnings
- Norfolk Southern’s Resilient Q1 2025 Earnings Call
- Norfolk Southern: Balancing Strengths with External Challenges Justifies Hold Rating
- Norfolk Southern price target lowered to $245 from $247 at Stifel