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Raymond James Sticks to Its Hold Rating for Norfolk Southern (NSC)
Raymond James analyst maintained a Hold rating on Norfolk Southern yesterday. The company’s shares closed yesterday at $297.71.
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In addition to Raymond James, Norfolk Southern also received a Hold from Citi’s Ariel Rosa in a report issued on April 7. However, on the same day, TD Cowen assigned a Buy rating to 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
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