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Fly News Breaks for May 19, 2016
NSC
May 19, 2016 | 07:30 EDT
CLSA analyst David Lipschitz initiated Norfolk Southern with an Outperform and $98 price target. The analyst expects cost cutting initiatives to help support the company's earnings growth and for coal production, which has been a major headwind for railroad volumes, to start to stabilize in 2017.
News For NSC;NSC From the Last 2 Days
NSC
Apr 18, 2024 | 07:45 EDT
Loop Capital raised the firm's price target on Norfolk Southern to $270 from $261 and keeps a Buy rating on the shares as part of a broader research note on Transportation names. The firm is adjusting its estimates on the stock following its Q1 pre-announcement last week.
