Norfolk Southern Corp (NSC) has been in the news for its deaing with
Union Pacific. NSC plans to form
America’s first transcontinental railroad, but it still awaits approval from the Surface Transportation Board (STB). Numerous major investors have increased their stakes in NSC such as
Osaic Holdings Inc., Franklin Street Advisors Inc.,& London Co. of Virginia, while others reduced their shares, like the
Texas Permanent School Fund Corp. NSC's shares have generally performed well, hitting a strong year-to-date rally. Amidst growth, some critics question if NSC's stock has outpaced its fundamentals. Notably, Barclays raised its price target and maintained an Overweight rating on NSC. Several financial advisors report acquiring more NSC shares, including
Assenagon Asset Management, National Bank of Canada FI and Encompass Capital Advisors. Despite this, some investors are avoiding NSC stock, probably due to the uncertainties around the railroad industry and the ongoing merger plans.
Norfolk Southern Corp NSC News Analytics from Tue, 03 Jun 2025 07:00:00 GMT to Sat, 20 Dec 2025 21:54:26 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor -4
