Morgan Stanley Maintains Equal-Weight Rating for Norfolk Southern: Here's What You Need To Know

Morgan Stanley has decided to maintain its Equal-Weight rating of Norfolk Southern NSC and lower its price target from $174.00 to $170.00.

Shares of Norfolk Southern are trading up 0.95% over the last 24 hours, at $187.56 per share.

A move to $170.00 would account for a 9.36% decrease from the current share price.

About Norfolk Southern

Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.