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Major U.S. equities indexes were little changed to lower at midday Friday as investors digested the latest corporate earnings ...
After a 17% fall, year-to-date, Norfolk Southern stock (NYSE: NSC) has some room for growth, in our view. NSC stock has declined from $248 in early January to around $205 now.
Norfolk Southern benefits from intermodal growth and industrial recovery, but macro risks temper near-term upside. Read why NSC stock is downgraded to hold.
We estimate Norfolk Southern’s Valuation to be $275 per share, reflecting around 10% upside from its current levels of $250. This represents a 23x P/E multiple for NSC based on earnings ...
The stock price of Norfolk Southern reached an all-time high of $290 in May this year before a larger sell-off in the railroad companies, especially on July 8, 2021, ...
Norfolk Southern CEO Alan Shaw sold $448,000 worth of the company’s stock this week, a month after the toxic train derailment in East Palestine, Ohio, that is still being cleaned up.
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