Wells Fargo Upgrades Norfolk Southern to Overweight, Raises Price Target to $250
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Allison Poliniak upgrades Norfolk Southern (NYSE:NSC) from Equal-Weight to Overweight and raises the price target from $225 to $250.
May 22, 2023 | 10:33 am
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Norfolk Southern (NYSE:NSC) has been upgraded to Overweight by Wells Fargo, with a raised price target of $250.
The upgrade from Equal-Weight to Overweight by Wells Fargo analyst Allison Poliniak indicates a positive outlook for Norfolk Southern. The raised price target from $225 to $250 suggests that the analyst expects the stock to outperform in the short term, which could lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100