UPDATE: RBC Capital Markets Downgrades Norfolk Southern on Read-Through From CSX
October 17, 2013 at 10:25 AM EDT
In a report published Thursday, RBC Capital Markets analyst Walter Spracklin downgraded the rating on Norfolk Southern Corp. (NYSE: NSC ) from Outperform to Sector Perform, and lowered the price target from $94.00 to $89.00. In the report, RBC Capital Markets noted, “We have a favourable longer-term view on NSC