Norfolk Southern price target raised to $290 from $275 at Barclays

Barclays raised the firm’s price target on Norfolk Southern (NSC) to $290 from $275 and keeps an Overweight rating on the shares. The firm says the company reported a relatively favorable earnings print. While Q4 margins will be impacted by numerous headwinds, Barclays see a path for Norfolk to meaningfully improve profitability in 2025 relative to an attractive equity valuation, the analyst tells investors in a research note.