GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Norfolk Souther Corporation (NSC) [hlAlert]

Rating:
Neutral NSC

Norfolk Souther Corporation (NSC) downgraded to Neutral by JP Morgan

Posted on: Wednesday,  Jan 2, 2008  10:42 AM ET by JP Morgan

JP Morgan rated Neutral Norfolk Souther Corporation (NYSE: NSC) on 01/02/2008. Previously JP Morgan rated Buy Norfolk
Souther Corporation (NYSE: NSC) on 07/30/2007., when the stock price was $53.27. Since then, Norfolk Souther Corporation has lost 6.38% of its value until JP Morgan rated NSC Overweight on 01/02/2008, when the price was $49.87. .

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).

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/23/2014 8:25 AM Buy
None
94.03 110.00
as of 12/24/2008
1 Week   
1 Month up  10.46 %
3 Months up  10.65 %
1 YTD down  -21.95 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/10/2008 8:25 AM Buy
None
62.13
1/2/2008 10:42 AM Hold
None
49.87
7/30/2007 9:25 AM Buy
None
53.27

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy