Loading...
Loading...
Credit Suisse reiterates its Outperform rating on Norfolk Southern
NSCand cuts its target price to $89 from $93 on Q4 EPS miss.
Credit Suisse says, “NSC reported 4Q11 EPS of $1.42 which was inline with our estimate of $1.42 and above consensus of $1.40. However, when adjusting for a lower tax rate and a lower share count, EPS were $1.29 for the quarter. The O.M. for the quarter was 28.6%, which was below our forecast of 30.7%.”
NSC closed at $75.17 a share yesterday.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in