Loop Capital Maintains Buy on Norfolk Southern, Raises Price Target to $287
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Buy rating on Norfolk Southern and slightly increased the price target from $285 to $287, indicating a positive outlook for the company's stock.
October 23, 2024 | 4:55 pm
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Loop Capital has reiterated its Buy rating on Norfolk Southern and increased the price target from $285 to $287, suggesting a positive short-term outlook for the stock.
The increase in price target by Loop Capital, even if slight, reflects a positive sentiment towards Norfolk Southern's stock. Maintaining a Buy rating suggests confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100