Norfolk Southern Corporation (NSC), a transportation company with a market cap of $63.7 billion, provides rail freight services crucial for various industries. While NSC stock has lagged behind the S&P 500 in the past year, it has outperformed on a year-to-date basis. Recently, NSC reported strong Q3 results, beating revenue and EPS expectations, but its shares dropped due to anticipated volume surges not materializing. Analysts expect NSC’s EPS to grow 4% this year, with a consensus rating of “Moderate Buy.” AllianceBernstein maintained an “Outperform” rating on NSC with a price target of $333, indicating an 18.3% potential upside.
Read more at Barchart: Is Wall Street Bullish or Bearish on Norfolk Southern Stock?
