Argus Upgrades Norfolk Southern (NSC) to Buy

November 2, 2016 7:52 AM EDT
Get Alerts NSC Hot Sheet
Price: $106.21 +0.24%

Rating Summary:
    14 Buy, 18 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 27 | New: 28
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Argus upgraded Norfolk Southern (NYSE: NSC) from Hold to Buy with a price target of $104.00.

The analyst notes management has embarked on an aggressive restructuring program that is lowering costs and improving profitability.

For an analyst ratings summary and ratings history on Norfolk Southern click here. For more ratings news on Norfolk Southern click here.

Shares of Norfolk Southern closed at $91.60 yesterday.

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