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Rating: NSC
Mkt Perform

Norfolk Souther Corporation (NYSE: NSC) reiterated to Mkt Perform by Avondale

Thursday,  Jan 28, 2016  5:25 PM ET by Betsy O'Brien Harrison

Avondale reiterated Norfolk Souther Corporation (NYSE: NSC) to Mkt Perform. Previously
Avondale reiterated Norfolk Souther Corporation (NYSE: NSC) to Mkt Perform with price target $65 on 10/24/2012, when the stock price was $61.32.

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).

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.



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