Norfolk Southern Corp. NSC shares are trading higher by 3.4% at $262.44 Friday morning after Evercore ISI upgraded the stock from In-Line to Outperform and raised its price target from $301 to $303. Wells Fargo also maintained an Overweight rating and raised its price target from $315 to $318.
Class-I railroad Norfolk Southern operates in the Eastern United States. On roughly 21,000 miles of track, the firm hauls shipments of coal (15% of 2019 revenue), intermodal traffic (25%) and a diverse mix of automobile, agriculture, metal, chemical and forest products.
Norfolk Southern has a 52-week high of $295.14 and a 52-week low of $169.15.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.