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FIL Ltd cut its Norfolk Southern stake, while the company beat earnings estimates with a "Moderate Buy" rating.
FIL Ltd reduced its stake in Norfolk Southern Co. by 15.3%, selling 198,176 shares, while director Gilbert H. Lamphere bought 607 shares.
Norfolk Southern reported earnings of $3.04 per share, beating estimates, and has a "Moderate Buy" rating with a target price of $272.74.
The company transports various goods across the U.S. and has a market cap of $51.31 billion.
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FIL Ltd redujo su participación en Norfolk Southern, mientras que la compañía superó las estimaciones de ganancias con una calificación de "Compra Moderada".