Norfolk Southern misses quarterly profit estimates on higher operating expenses

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Union Pacific cut, Norfolk Southern lifted at Deutsche Bank

January 26, 2023 9:02 AM EST

Deutsche Bank analyst Amit Mehrotra upgraded Norfolk Southern (NYSE: NSC) shares to Buy from Hold and downgraded Union Pacific (NYSE: UNP) to Hold from Buy in a note Thursday.

The analyst revealed the firm started to get more positive on NSC mid-last year,... More