Barclays raised the firm’s price target on Norfolk Southern (NSC) to $320 from $300 and keeps an Overweight rating on the shares. The firm trimmed estimates for the transports group into the Q3 reports citing “weak” industrial growth and continued oversupply.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NSC:
- Norfolk Southern price target raised to $354 from $290 at Deutsche Bank
- Union Pacific to Acquire Norfolk Southern in Strategic Merger
- Norfolk Southern Approves Executive Retention Awards Amid Merger
- Roth Capital railroad analyst holds analyst/industry conference call
- Norfolk Southern price target raised to $295 from $284 at Susquehanna
