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Norfolk Souther Corporation (NSC) [hlAlert]

Rating:
Hold NSC

Norfolk Souther Corporation (NSC) rated Hold with price target $59 by Deutsche Securities

Posted on: Thursday,  Apr 24, 2008  1:25 PM ET by Deutsche Securities

Norfolk Southern (NSC)
rated Hold with price target $59 by Deutsche Securities.

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).

Deutsche Bank's award-winning Research team manages a range of functions from asset allocation, through economic forecasting across a broad range of industry sectors including cement and construction, chemicals, electronics, energy, engineering, machinery, media, software, tobacco, retailing and utilities, and oil and gas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/1/2009 8:25 AM Buy
None
43.24 55.00
as of 12/24/2008
1 Week   
1 Month up  10.46 %
3 Months up  10.65 %
1 YTD down  -37.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/24/2008 1:25 PM Hold
None
60.03 59.00

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