Susquehanna Maintains Neutral on Norfolk Southern, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Bascome Majors maintains a Neutral rating on Norfolk Southern (NYSE:NSC) but raises the price target from $255 to $280.
October 02, 2024 | 1:02 pm
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Susquehanna has maintained a Neutral rating on Norfolk Southern but increased the price target from $255 to $280, indicating a positive outlook on the stock's potential value.
The increase in the price target from $255 to $280 suggests that the analyst sees potential for the stock to appreciate, which is a positive signal for investors. However, the Neutral rating indicates that the stock may not outperform the market significantly, leading to a modest positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100