On April 26, 2024, Norfolk Southern Corporation filed a definitive additional material and distributed the communication to shareholders, that Ancora?s plan is risky, unnecessary and value destruction. The Company expressed that Ancora?s nominees would handicap the board with inexperienced members at critical time of the Company, Ancora?s irresponsibly aggressive targets would require 2900 employee furloughs in the first year, and executive Acnora?s plan would spark immediate backlash from regulators strain profitable customers relationships and damage long-term shareholder value. In addition, the Company urged the shareholders to vote for its 13 qualified and experienced director nominees.
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5-day change | 1st Jan Change | ||
229.9 USD | -0.45% | -1.02% | -2.72% |
May. 14 | Redburn Atlantic Adjusts Norfolk Southern Price Target to $244 From $237 | MT |
May. 13 | Barclays Adjusts Price Target on Norfolk Southern to $275 From $305 | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-2.72% | 52.18B | |
-0.28% | 150B | |
-2.13% | 67.48B | |
-1.39% | 17.29B | |
-0.94% | 10.01B | |
+19.48% | 7.39B | |
+0.37% | 2.23B | |
+17.96% | 1.85B | |
+10.58% | 1.17B | |
-1.66% | 946M |
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