According to a report from Goldman Sachs, after an uneventful investors meeting hosted by Norfolk Southern NSC yesterday in Altoona, PA, Goldman Sachs maintains a Sell rating and $72.00 price target on the company.
In the report, Goldman Sachs said, "We continue to see little reason to own NSC given CSX (Buy) offers a more compelling margin upside and a similar met coal opportunity, while UNP (Neutral) offers the most attractive pricing outlook."
NSC closed yesterday at $70.53.
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Posted In: Analyst ColorAnalyst RatingsGoldman SachsIndustrialsNorfolk Southern CorporationRailroads
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