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Deutsche Bank upgraded Norfolk Southern (NSC) to Buy from Hold while cutting its price target to $266.00 from $273.00. The firm said it started to get more positive on the company mid-last year, stating in August that it was “intrigued with the company’s new operating plan,” which had the “potential to show tangible improvement in the coming months.”
Shares plunged more than 5% yesterday after the company reported a Q4 EPS miss, while revenues were in line with expectations.
Raymond James upgraded FibroGen (FGEN) to Outperform from Market Perform with a price target of $35.00. Shares gained more than 9% intra-day today.
OTR Global upgraded Carrier Global (CARR) to Positive from Mixed.
By Davit Kirakosyan
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