Norfolk Southern (NSC) Receives a Buy from TD Cowen
TD Cowen analyst Jason Seidl assigned a Buy rating to Norfolk Southern on April 7 and set a price target of $313.00.
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According to TipRanks, Seidl is a top 100 analyst with an average return of 22.6% and a 68.74% success rate. Seidl covers the Industrials sector, focusing on stocks such as CSX, Hub Group, and RXO, Inc..
In addition to TD Cowen, Norfolk Southern also received a Buy from Bernstein’s David Vernon in a report issued on March 31. However, on April 7, J.P. Morgan 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 $292 from $296 at JPMorgan
- Norfolk Southern price target raised to $313 from $300 at Citi
- Norfolk Southern Renewing Atlanta Headquarters Lease Financing Agreement
- Norfolk Southern, Jaguar Transport Holdings enter short line partnership
- Norfolk Southern price target lowered to $313 from $322 at Bernstein
