J.P. Morgan Provides Color On Norfolk Southern's Upcoming Analyst Day

According to a recent report, J.P. Morgan is expecting Norfolk Southern (NYSE: NSC) to present their key volume growth strategies and the processes the company is using to drive productivity at the June 8 analyst meeting hosted by NSC. Leading up to the meeting, J.P. Morgan maintains an Overweight rating and $78.00 price target on NSC.

In the report, J.P. Morgan said, "Consistent with their historical approach, we do not expect NSC to provide specific financial forecasts. Nevertheless, we expect NSC to provide a constructive view on their growth and margin improvement opportunities which is positive for long term investors."

Norfolk Southern closed Friday at $70.72.