Alert: Rating Upgrade (12/22/23)-Norfolk Southern Corp (NYSE: NSC).


Stock Rating Upgrade

The Value Trend Rating for Norfolk Southern Corp (NYSE: NSC) improved in recent days from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.


Recent Price Action

Norfolk Southern Corp (NYSE: NSC) stock declined slightly by -0.1% on 12/22/23. The stock closed at $234.12. However, unusually low trading volume at 63% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and is unchanged during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, NSC is expected to continue to be a major Value Builder.

Norfolk Southern has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Norfolk Southern has a poor Appreciation Score of 28 but a neutral Power Rating of 60, producing the Low Neutral Value Trend Rating.

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