RBC Capital Maintains Sector Perform on Norfolk Southern, Lowers Price Target to $207
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Walter Spracklin has maintained a 'Sector Perform' rating on Norfolk Southern (NYSE:NSC) but has reduced the price target from $215 to $207.
January 29, 2024 | 5:35 pm
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RBC Capital has maintained a 'Sector Perform' rating on Norfolk Southern and lowered the price target from $215 to $207.
The reduction in price target by RBC Capital could lead to a negative perception among investors, potentially causing a short-term dip in Norfolk Southern's stock price. However, since the rating was not downgraded, the impact may be moderate rather than severe.
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