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Norfolk Southern (NSC) Receives a Buy from TD Cowen

Tipranks - Sat Apr 11, 12:42PM CDT

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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