B of A Securities Maintains Buy on Norfolk Southern, Raises Price Target to $253
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter maintains a Buy rating on Norfolk Southern (NYSE:NSC) and raises the price target from $226 to $253.
July 11, 2023 | 2:43 pm
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POSITIVE IMPACT
Norfolk Southern's price target has been raised from $226 to $253 by B of A Securities, maintaining a Buy rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100