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Apex Trader Funding (ATF) - News

Norfolk Southern's Operational Turnaround To Drive Over 20% EPS Growth Through 2027, Analyst Says

RBC Capital Markets analyst Walter Spracklin upgraded Norfolk Southern Corporation (NYSE:NSC) to Outperform from Sector Perform and maintained the price target at $270. The bullish stance reflects significant improvement expected in operating ratio (>12ppt) and the subsequent meaningful EPS growth. With expected operational turnaround and EPS growth set to outperform and valuation discounted, the analyst sees the company as an attractive investment opportunity at current levels. Consequently, Spracklin estimates EPS CAGR of +20% 2024-27 (ahead of ...