norfolk southern

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...

Jefferies, which raised its PT on shares of Norfolk Southern (NYSE: NSC), is providing some color on the stock. “We downgraded NSC to Hold as the stock nears our price target and following a massive sentiment swing,” Jefferies writes. “We'd revisit our rating upon a pull-back. “YTD, NSC's up 19...

Jefferies & Company has downgraded Norfolk Southern (NYSE: NSC) from Buy to Hold and maintains its $78 price target.

Jefferies is out with its report today on Norfolk Southern (NYSE: NSC), raising its PT from $77 to $78. In a note to clients, Jefferies writes, "Our upwardly revised year-end 2011e target price of $78/share is based on an unchanged year-end 2011e target P/E of 14.0x our revised 2012e estimate. Our...

Deutsche Bank is out with its report today on Norfolk Souther (NYSE: NSC), raising its PT from $78 to $79. In a note to clients, Deutsche Bank writes, "We have raised our 2011-12 EPS estimates to $4.82 and $5.46, respectively, up from $4.61 and $5.42. Our new estimates incorporate Q1's upside...

Goldman Sachs is raising its PT on shares of Norfolk Southern Corp. (NYSE: NSC) from $59 to $62. Norfolk Southern closed Tuesday at $67.77.

Citi Reiterates Buy Rating, $76 PT On NSC Citi is reiterating its Buy rating and $76 PT on shares of Norfolk Southern Corp. (NYSE: NSC). “As the ruling results in the write down of receivables, which have been held on the company's balance sheet, we expect Norfolk to realize no cash flow impact...

Jefferies is initiating coverage of Norfolk Southern (NYSE: NSC) with a Buy rating and price target of $74 (16% upside).

Goldman Sachs is adding Norfolk Southern (NYSE: NSC) to its Sell List “with 2.5% downside to our 12-month, $59 price target (from $62).” Goldman Sachs said that the key drivers of its relative Sell include (1) increased costs required to improve service levels that could limit margin upside...

Dahlman Rose has issued a research report on Rail Transportation reporting upbeat tones for earnings season as EPS results are better than expected. In the report, Dahlman Rose writes "Weekly changes in rail traffic were led by a 36% increase in metallic ores and mineral volumes vs the prior week's...

Goldman Sachs has issued a report on America's Transportation industry. In the report, Goldman writes "We expect railroad results to be mixed following more broad-based industry strength in recent quarters—as companies begin to bring assets/costs back on line to support increased volumes. For...