Credit Suisse Maintains Outperform Rating for Norfolk Southern: Here's What You Need To Know

Credit Suisse has decided to maintain its Outperform rating of Norfolk Southern NSC and raise its price target from $267.00 to $277.00.

Shares of Norfolk Southern are trading up 0.51% over the last 24 hours, at $244.47 per share.

A move to $277.00 would account for a 13.31% increase from the current share price.

About Norfolk Southern

Class-I railroad Norfolk Southern operates in the Eastern United States. On roughly 21,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

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

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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