JP Morgan upgrades Norfolk SouthernJP Morgan Securities has taken a new look at Norfolk Southerns second-quarter prospects and likes what it seesso it has upgraded NS stock from neutral to overweight. Rising export coal volumes as well as loads shifted from trucks are expected to help produce strong results for the railroad, said the investment company. Export coal is a high-profit item, and JP Morgan expects it will account for 12% of all NS coal shipments this year. NS stock was up around 3% in trading Thursday.
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