Are Wall Street Analysts Bullish on Norfolk Southern Stock?

Norfolk Southern Corporation (NSC) is a prominent freight rail holding company in the transportation sector, specializing in railroads. Headquartered in Atlanta, Georgia, the company oversees one of the largest and most efficient rail networks in the eastern United States, with roughly 19,400 route miles across 22 states. It boasts a robust market cap of approximately $64.1 billion. 

Shares of Norfolk Southern have surged 21.6% on a year-to-date (YTD) basis, substantially outpacing the S&P 500 Index ($SPX), which has gained around 8.7% YTD. Over the past year, NSC rallied 18.6%, compared to $SPX’s 14.3%.