Bernstein Keeps Their Buy Rating on Norfolk Southern (NSC)
In a report released today, David Vernon from Bernstein maintained a Buy rating on Norfolk Southern, with a price target of $313.00.
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According to TipRanks, Vernon is a 4-star analyst with an average return of 6.1% and a 57.73% success rate. Vernon covers the Industrials sector, focusing on stocks such as United Airlines Holdings, FedEx, and Union Pacific.
In addition to Bernstein, Norfolk Southern also received a Buy from Barclays’s Brandon Oglenski in a report issued on March 27. However, on March 26, RBC Capital maintained a Hold rating on Norfolk Southern (NYSE: NSC).
Based on Norfolk Southern’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.97 billion and a net profit of $644 million. In comparison, last year the company earned a revenue of $3.02 billion and had a net profit of $733 million
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- Norfolk Southern price target lowered to $310 from $320 at RBC Capital
- Norfolk Southern price target raised to $295 from $292 at Evercore ISI
- Norfolk Southern price target raised to $315 from $288 at Baird
- Union Pacific upgraded to Outperform from Neutral at Baird
- Norfolk Southern price target raised to $350 from $300 at Jefferies
