UBS lowered the firm’s price target on Norfolk Southern (NSC) to $327 from $342 and keeps a Neutral rating on the shares. Management is upbeat on demand and merger growth opportunities, the analyst tells investors in a research note.
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- The Week That Was, The Week Ahead: Macro and Markets, May 3
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- Group forms to oppose Union Pacific buyout of Norfolk Southern
- Norfolk Southern price target raised to $330 from $315 at Baird
