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Norfolk Southern price target raised to $325 from $295 at Evercore ISI

Evercore ISI raised the firm’s price target on Norfolk Southern (NSC) to $325 from $295 and keeps an In Line rating on the shares following Q1 results. The firm noted there is momentum in some of the major cost line items and yield metrics. Evercore ISI told investors it raised its price target on Norfolk Southern to better align with the terms of the proposed Union Pacific (UNP) merger

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