Deutsche Bank raised the firm’s price target on Norfolk Southern (NSC) to $354 from $290 and keeps a Buy rating on the shares as part of a broader research note on U.S. Transports. The market “fell further out of love” with transportation stocks since last reporting season, with shares down 4% on average and underperforming the S&P 500 by 11 points, but 2025 EPS estimates for the group have hardly changed over time, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NSC:
- 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
- Union Pacific, SMART-TD enter agreement securing railroading jobs