Norfolk Southern Corporation (NYSE:NSC) is on Jim Cramer’s radar, with shares up 23.6% in the past year and 10% year-to-date. Earnings reported $3.22 in adjusted profit per share, up from $3.04 last year, but revenue dropped 2% to $3 billion. Baird reduced the share price target to $288 from $293 following the earnings report.

Jim Cramer criticized the recent downgrade of Norfolk Southern (NSC), saying, “Oh my god, CSX, it’s interesting, someone downgraded Norfolk Southern, that person was ill-advised.” The downgrade came from Deutsche Bank, which changed the stock from Buy to Hold due to a planned merger that could impact the railroad industry.

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Read more at Yahoo Finance.: Norfolk Southern (NSC)’s Downgrade Was Ill-Advised, Days Jim Cramer