UBS Maintains Buy on Norfolk Southern, Lowers Price Target to $294
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Thomas Wadewitz maintains a Buy rating on Norfolk Southern (NYSE:NSC) but lowers the price target from $302 to $294.

April 25, 2024 | 3:25 pm
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NEUTRAL IMPACT
UBS maintains a Buy rating on Norfolk Southern but lowers the price target from $302 to $294.
The adjustment in price target by UBS reflects a nuanced view on Norfolk Southern's valuation, suggesting a slight moderation in optimism but still maintaining a positive outlook. This could lead to a neutral short-term impact on the stock as the market digests the mixed signals of continued endorsement versus a reduced price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100