Norfolk Southern price target lowered to $270 from $280 at Benchmark

Benchmark analyst Nathan Martin lowered the firm’s price target on Norfolk Southern to $270 from $280 and keeps a Buy rating on the shares following the company’s "slight miss" in Q4. Improved network fluidity and capacity should provide Norfolk Southern with the opportunity to recapture lost share, said the firm, which continues to like the company’s long-term margin improvement potential.