Norfolk Southern adds independent director to board 'via cooperation agreement' with activist Ancora
PRESS RELEASE Norfolk Southern to add new independent director to board via cooperation agreement with shareholder ...
TSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNINGHON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALS
TSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNINGHON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALS
Investing.com reports:
On Monday, UBS upgraded the shares of Norfolk Southern Corp (NYSE:NSC) from Neutral to Buy, with a significant increase in the price target to $302 from the previous $238.
“We are upgrading NSC to Buy from Neutral because we expect stronger performance in NSC’s merchandise network,” said UBS.
The upgrade is based on the expectation that Norfolk Southern’s merchandise business operating ratio (OR) could see a substantial improvement. UBS predicts that the OR could decrease by up to 1,000 basis points, moving from an estimated 65% in 2023 to 55% by 2026. This improvement is anticipated to result in a total company OR of 61% and earnings per share (EPS) of $16.55…
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(Current price: $259.25.)
Also worth a read: “Norfolk Southern corrects false and misleading claims“.
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