Morgan Stanley Reiterates Equal-Weight on Norfolk Southern, Maintains $174 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has reiterated an Equal-Weight rating on Norfolk Southern (NYSE:NSC) and maintained a price target of $174.
July 06, 2023 | 1:57 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Norfolk Southern and maintained a price target of $174.
The reiteration of the Equal-Weight rating and price target by Morgan Stanley indicates that the analyst believes the stock is fairly valued at current levels. This is unlikely to have a significant impact on the stock's price in the short term, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100