Norfolk Southern's Q3 Beat Fuels Analyst Optimism Despite Q4 Challenges—Long-Term Growth Potential In Focus
SOSouthern Company(SO) Benzinga·2024-10-24 02:33

Several analysts revised the price target on Norfolk Southern Corporation NSC following third quarter results.On Tuesday, Norfolk Southern reported adjusted earnings of $3.25 per share, beating analyst estimates of $3.11 per share.The company said it remains on track to achieve its adjusted operating ratio targets for the second half and full year of 2024.RBC Capital Markets analyst Walter Spracklin raised the price target to $282 from $272 while maintaining the Outperform rating.The analyst writes that the ...