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Fly News Breaks for April 25, 2019
NSC
Apr 25, 2019 | 09:07 EDT
Loop Capital analyst Rick Paterson raised his price target on Norfolk Southern to $237 and kept his Buy rating after its "blowout" Q1 earnings results and a 3% improvement in its operating ratio to 66.6%. The analyst notes that this is the "time of maximum operational risk and maximum potential reward" as the company prepares for a full rollout of its new operating plan - TOP21 - with incremental intermodal lane rationalization and a synchronization of train speeds.
News For NSC From the Last 2 Days
NSC
Apr 19, 2024 | 08:03 EDT
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.
