Citigroup Initiates Coverage On Norfolk Southern with Buy Rating, Announces Price Target of $294
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ariel Rosa has initiated coverage on Norfolk Southern (NYSE:NSC) with a Buy rating and set a price target of $294.
October 09, 2024 | 2:05 pm
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POSITIVE IMPACT
Citigroup has initiated coverage on Norfolk Southern with a Buy rating and a price target of $294, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target by a major financial institution like Citigroup is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100