Norfolk Southern Is Up 13%. Here’s Where the Stock Could Go in 2026

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Norfolk Southern (NSC) stock has risen 13% in the last six months, trading near $313 per share, driven by improved productivity, cost control, and stable merchandise revenue despite a soft freight market. The company delivered strong fourth-quarter earnings, exceeding expectations due to tight expense management and reduced 2026 capital spending. Analysts estimate a target price of $365, suggesting a 16.8% upside if management continues its operational execution.

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