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flag Institutional investors cut shares of Norfolk Southern, but the company beat earnings expectations.

flag Norfolk Southern Co., a railroad operator, saw its shares trimmed by institutional investors in the fourth quarter. flag SevenBridge Financial Group and CIBC Private Wealth Group reduced their holdings, while RFG Bristol Wealth Advisors acquired a new position. flag Norfolk Southern reported earnings of $3.04 per share, beating expectations. flag The company has a "Moderate Buy" consensus rating with a target price of $274.84.

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