Fly News Breaks for January 30, 2020
Jan 30, 2020 | 09:21 EDT
Susquehanna analyst Bascome Majors raised his price target on Norfolk Southern to $247 from $227 following Q4 results. The analyst said its results showed signs that year-one PSR efforts are finally dropping to the bottom line, along with hints that capital efficiency could become a greater focus under the company's new CFO. Major reiterated his Positive rating on Norfolk Southern shares.
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