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US Top Rating Updates on 2/21: DOCU, NSC, CEG, MOS and More

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Analysts Notebook wrote a column · Feb 21, 2023 06:26
US Top Rating Updates on 2/21: DOCU, NSC, CEG, MOS and More
Norfolk Southern Upgraded to Outperform From Peer Perform at Wolfe Research
Wolfe Research analyst Scott Group upgraded $Norfolk Southern(NSC.US)$ to Outperform from Peer Perform with a $255 price target. The shares have underperformed since the Ohio derailment about two weeks ago, but the company's near-term trends look more favorable with volumes up 3% quarter-to-date, above expectations and best among the U.S. rails, the analyst tells investors in a research note.
UBS Downgrades DocuSign to Sell, Announces $52 Price Target
UBS analyst Karl Keirstead downgrades $DocuSign(DOCU.US)$ from Neutral to Sell and announces $52 price target.
BofA Securities Downgrades Constellation Energy to Neutral, Lowers Price Target to $88
BofA Securities analyst Paul Zimbardo downgrades $Constellation Energy(CEG.US)$ from Buy to Neutral and lowers the price target from $104 to $88.
Source: Seeking Alpha, The Fly
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