Market Overview

UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Norfolk Southern Corp.

Share:
Related NSC
UPDATE: Norfolk Southern Posts Better-Than-Expected Q4 Earnings, Revenue Misses View
Earnings Scheduled For January 26, 2015
Norfolk Southern Corporation: Weak Quarter Owing To Revenue Fall (Seeking Alpha)

In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Norfolk Southern Corp. (NYSE: NSC), and raised its price target from $72.00 to $75.00.

Jefferies noted, “NSC reported an inline 3Q, but reported significantly lower profitability and a weaker outlook. This report highlighted structural cost issues that will likely weigh on performance over the next few quarters.”

Norfolk Southern Corp. closed on Tuesday at $66.01.

Latest Ratings for NSC

DateFirmActionFromTo
Jan 2015BarclaysMaintainsOverweight
Jan 2015Credit SuisseMaintainsNeutral
Jan 2015Avondale PartnersDowngradesMarket OutperformMarket Perform

View More Analyst Ratings for NSC
View the Latest Analyst Ratings

Posted-In: Jefferies & CompanyAnalyst Color Price Target Analyst Ratings

 

Related Articles (NSC)

Around the Web, We're Loving...

Get Benzinga's Newsletters