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Fly News Breaks for April 22, 2016
NSC
Apr 22, 2016 | 06:18 EDT
Credit Suisse analysts led by Allison Landry upgraded Norfolk Southern to Outperform and increased its price target to $97 from $84. The analyst said the Q1 earnings beat sets the stage for significant upward earnings revisions and has increased confidence in management's ability to bring down costs and now believes the company will be able to hit its targeted sub-70% operating ratio in 2016, despite declines in coal and overall weak volume environment.
News For NSC From the Last 2 Days
NSC
Mar 26, 2024 | 08:59 EDT
Ohio-based Ancora Holdings Group announced that it is filing a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with its nomination of seven highly qualified director candidates for election to the Company's Board of Directors at the 2024 Annual Meeting of Shareholders scheduled for May 9. Additionally, Ancora sent a letter to shareholders regarding its leadership team's three-year path to superior performance and significant value creation at Norfolk Southern.