Citigroup Maintains Buy on Norfolk Southern, Raises Price Target to $286
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christian Wetherbee maintains a Buy rating on Norfolk Southern (NYSE:NSC) and raises the price target from $253 to $286, indicating a positive outlook on the company's stock.
February 08, 2024 | 4:26 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup maintains a Buy rating on Norfolk Southern and raises the price target from $253 to $286, showing confidence in the company's future performance.
The increase in the price target by Citigroup reflects a strong vote of confidence in Norfolk Southern's future performance and potential for stock price appreciation. This positive analyst rating and raised price target are likely to influence investor sentiment positively in the short term, potentially leading to an increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100