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Institutional investors cut shares of Norfolk Southern, but the company beat earnings expectations.
Norfolk Southern Co., a railroad operator, saw its shares trimmed by institutional investors in the fourth quarter.
SevenBridge Financial Group and CIBC Private Wealth Group reduced their holdings, while RFG Bristol Wealth Advisors acquired a new position.
Norfolk Southern reported earnings of $3.04 per share, beating expectations.
The company has a "Moderate Buy" consensus rating with a target price of $274.84.
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Los inversores institucionales redujeron las acciones de Norfolk Southern, pero la compañía superó las expectativas de ganancias.