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Wells Fargo Remains a Buy on Norfolk Southern (NSC)

Tipranks - Wed May 13, 5:32AM CDT

Wells Fargo analyst maintained a Buy rating on Norfolk Southern today and set a price target of $350.00.

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In addition to Wells Fargo, Norfolk Southern also received a Buy from Barclays’s Brandon Oglenski in a report issued on April 27. However, on May 7, UBS assigned a Hold rating to Norfolk Southern (NYSE: NSC).

Based on Norfolk Southern’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3 billion and a net profit of $547 million. In comparison, last year the company earned a revenue of $2.99 billion and had a net profit of $750 million

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