Jefferies Maintains Buy on Norfolk Southern, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Stephanie Moore has maintained a Buy rating on Norfolk Southern (NYSE:NSC) and raised the price target from $275 to $280.
October 10, 2024 | 6:10 pm
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POSITIVE IMPACT
Jefferies has reaffirmed its Buy rating on Norfolk Southern and increased the price target to $280, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and an increase in the price target by Jefferies suggests a positive outlook for Norfolk Southern. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100