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Norfolk Souther Corporation (NSC) [hlAlert]

Rating:
Buy NSC
down 20.34 %

Norfolk Souther Corporation (NSC) upgraded to Buy with price target $103 by BofA/Merrill

Posted on: Thursday,  Jan 23, 2014  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Norfolk Souther Corporation (NYSE: NSC) on 01/23/2014. Previously BofA/Merrill rated Underperform Norfolk Souther Corporation (NYSE: NSC) on 07/24/2013.,
when the stock price was $74.90. Since then, Norfolk Souther Corporation has gained 25.54% as of 01/23/2014's recent price of $94.03.
If you would have followed the previous BofA/Merrill's recommendation on NSC, you would have lost 20.34% of your investment in 183 days.

Norfolk Southern Corporation (Norfolk Southern) controls a freight railroad, Norfolk Southern Railway Company. Norfolk Southern Railway Company is primarily engaged in the rail transportation of raw materials, intermediate products and finished goods primarily in the southeast, east and Midwest and, via interchange with rail carriers, to and from the rest of the United States. Norfolk Southern also transports overseas freight through several Atlantic and Gulf Coast ports. The Company provides logistics services and offers an intermodal network in the eastern half of the United States. Norfolk Southern and CSX Corporation (CSX) jointly own Conrail Inc. (Conrail), whose primary subsidiary is Consolidated Rail Corporation (CRC).

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/23/2014 8:25 AM Buy
None
94.03 103.00
as of 10/17/2014
1 Week up  4.08 %
1 Month down  -4.67 %
3 Months up  2.06 %
1 YTD up  12.01 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2013 8:25 AM Sell
None
74.90
10/25/2012 8:25 AM Hold
None
61.82

(*) Stock Price at the time of the recommendation.
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