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Norfolk Southern’s $600M Agreement To Solve East Palestine Derailment Is A Negative, Says Analyst

RBC analyst Walter Spracklin maintains a Sector Perform rating for Norfolk Southern Corp , setting a $270 price target. Norfolk Southern reported Q1 FY24 revenues of $3.004 billion and an adjusted EPS of $2.49. The company reaffirms its guidance for operating ratio improvement and anticipates significant changes under new management.

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