Norfolk Southern (NSC) Misses Q4 EPS by 4c

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Norfolk Southern (NSC) slips as Wall Street brokers cut rating after earnings miss

January 29, 2024 8:24 AM EST

Norfolk Southern (NYSE: NSC), a major rail freight company, has seen its stock hit with rating downgrades from three Wall Street brokerage firms following an earnings miss.

Analysts pointed out the company's need to catch up with its peers in the rail industry.

Stock slipped 1.8% in pre-market Monday.

Morgan Stanley analyst... More