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Norfolk Southern price target raised to $351 from $335 at Citi

Citi analyst Ariel Rosa raised the firm's price target on Norfolk Southern to $351 from $335 and keeps a Neutral rating on the shares. Transports' Q2 earnings are likely to be among the strongest in years, as companies benefit from significantly tighter capacity conditions coupled with moderately improving demand, the analyst tells investors in a preview for the group.

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Citi analyst Ariel Rosa raised the firm's price target on Norfolk Southern to $351 from $335 and keeps a Neutral rating on the shares.

Transports' Q2 earnings are likely to be among the strongest in years, as companies benefit from significantly tighter capacity conditions coupled with moderately improving demand, the analyst tells investors in a preview for the group.