Norfolk Southern posts upbeat quarterly results on improving rail service, volumes

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Norfolk Southern (NSC) PT Raised to $287 at Loop Capital

October 23, 2024 7:27 AM EDT

Loop Capital analyst Ric Paterson raised the price target on Norfolk Southern (NYSE: NSC) to $287.00 (from $285.00) while maintaining a Buy rating.

The analyst comments "The positive operating momentum we've been tracking in our weekly State of the Rails reports is now consistently making... More

Norfolk Southern (NSC) PT Raised to $285 at Benchmark

October 23, 2024 7:26 AM EDT

Benchmark analyst Nathan Martin raised the price target on Norfolk Southern (NYSE: NSC) to $285.00 (from $270.00) while maintaining a Buy rating.

The analyst comments "Maintain Buy. Norfolk Southern (NSC) reported 3Q adjusted EPS of $3.25, beating our estimate and the consensus of $3.11 as lower... More

Norfolk Southern (NSC) PT Raised to $285 at Susquehanna

October 23, 2024 7:02 AM EDT

Susquehanna analyst Bascome Majors raised the price target on Norfolk Southern (NYSE: NSC) to $285.00 (from $280.00) while maintaining a Neutral rating.

The analyst comments "NSC delivered a solid 3Q in Mark George's first quarter with the CEO reins, while threading the needle on managing... More

Norfolk Southern (NSC) PT Raised to $282 at RBC Capital

October 23, 2024 6:54 AM EDT

RBC Capital analyst Walter Spracklin raised the price target on Norfolk Southern (NYSE: NSC) to $282.00 (from $272.00) while maintaining a Outperform rating.

The analyst comments "We view NSC results as important for two reasons: 1) on an absolute basis, the operating results demonstrate the company's... More

Norfolk Southern (NSC) PT Raised to $309 at UBS

October 23, 2024 6:33 AM EDT

UBS analyst Thomas Wadewitz raised the price target on Norfolk Southern (NYSE: NSC) to $309.00 (from $289.00) while maintaining a Buy rating.

The analyst comments "Strong cost side performance from NSC translated to upside 3Q EPS of $3.25/share vs our estimate and Consensus of... More

Norfolk Southern (NSC) PT Raised to $285 at Jefferies

October 22, 2024 4:40 PM EDT

Jefferies analyst Stephanie Moore raised the price target on Norfolk Southern (NYSE: NSC) to $285.00 (from $280.00) while maintaining a Buy rating.

The analyst comments "3Q EPS beat by 4.5% as adj. OR of 63.4% came in 130bps better than expected despite headwinds related to port strikes... More

Norfolk Southern (NSC) PT Raised to $290 at Barclays

October 22, 2024 4:08 PM EDT

Barclays analyst Brandon Oglenski raised the price target on Norfolk Southern (NYSE: NSC) to $290.00 (from $275.00) while maintaining a Overweight rating.

The analyst comments "Stronger 3Q outcome a relatively favorable transport print so far this results season; while 4Q margins will be... More

Norfolk Southern (NSC) PT Raised to $302 at Citi

October 22, 2024 2:17 PM EDT

Citi analyst Ariel Rosa raised the price target on Norfolk Southern (NYSE: NSC) to $302.00 (from $294.00) while maintaining a Buy rating.

The analyst comments "NSCs 3Q adj. EPS was up 23% y-y to $3.25, beating our/Street estimates by 10c/14c. The strong results were driven... More

Norfolk Southern (NSC) PT Raised to $248 at CFRA

October 22, 2024 11:51 AM EDT

CFRA analyst Emily Nasseff Mitsch raised the price target on Norfolk Southern (NYSE: NSC) to $248.00 (from $245.00) while maintaining a Hold rating.

The analyst comments "We lift our 12-month target by $3 to $248 on a forward P/E of 18.3x our 2025 EPS estimate, in... More