Several analysts revised the price target onNorfolk Southern Corporation(NYSE:NSC) following third quarter results.

On Tuesday, Norfolk Southern reported adjusted earnings of $3.25 per share, beating analyst estimates of $3.11 per share.

The company said it remains on track to achieve its adjusted operating ratio targets for the second half and full year of 2024.

RBC Capital Marketsanalyst Walter Spracklin raised the price target to $282 from $272 while maintaining the Outperform rating.

The analyst writes that the key takeaway from the results is that COO John Orr's efforts are driving substantial operational changes, leading to strong performance, especially when compared...