JP Morgan Maintains Overweight on Norfolk Southern, Raises Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has maintained an Overweight rating on Norfolk Southern (NYSE:NSC) and increased the price target from $240 to $275.

April 09, 2024 | 12:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
JP Morgan analyst Brian Ossenbeck has reaffirmed an Overweight rating on Norfolk Southern and raised the price target from $240 to $275.
The upgrade in the price target by a reputable analyst like Brian Ossenbeck from JP Morgan is a strong positive signal for Norfolk Southern. It suggests a bullish outlook on the stock's future performance, likely due to anticipated operational improvements, market position, or financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100