Citi raised the firm’s price target on Norfolk Southern (NSC) to $313 from $300 and keeps a Neutral rating on the shares. The firm notes that many stocks in Citi’s North America Transportation coverage “appear expensive” barring significant upward revisions to estimates, which the firm says “in many cases feels premature given macro uncertainty.” The firm adjusted targets in the group as part of a Q1 preview.
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- Norfolk Southern price target lowered to $313 from $322 at Bernstein
- Norfolk Southern price target lowered to $310 from $320 at RBC Capital
- Norfolk Southern price target raised to $295 from $292 at Evercore ISI