"Buckingham Research Upgrades Norfolk"
Norfolk Southern Corp.
January 18, 2017 at 7:00:00 am (EST) — Norfolk Southern initiated by Buckingham Research at neutral with a price target of $104.00.
As the market opened, Norfolk Southern began trading in a volatile fashion. NewsHedge alerted its clients to the unusual trading event at 9:37:29 am (EST) when shares uncharacteristically moved higher from a low of $105.89 to $108.16.
As the upgrade news broke early morning, Wall Street took to Twitter to share information. According to Metricle's quantitative Twitter data, Twitter posts for Norfolk Southern produced a positive "buy" signal—as visually seen below.
Over the next several trading sessions, our quantitative data continued to produce a positive "buy" signal—giving our clients even more conviction to remain long, or to add to their long position.
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