BMO Capital Maintains Market Perform on Norfolk Southern, Lowers Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Fadi Chamoun has maintained a Market Perform rating on Norfolk Southern (NYSE:NSC) but has reduced the price target from $250 to $245.
January 29, 2024 | 2:21 pm
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BMO Capital analyst Fadi Chamoun maintains a Market Perform rating on Norfolk Southern and lowers the price target from $250 to $245.
The adjustment in price target by BMO Capital is a minor negative signal, suggesting a slightly reduced valuation outlook for Norfolk Southern. However, since the rating remains unchanged at Market Perform, the impact is likely to be neutral to mildly negative in the short term.
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IMPORTANCE 75
RELEVANCE 100