Canadian Pacific Kansas City shares are trading lower after B of A Securities maintained a Below Average rating on the stock and lowered its price target from $88 to $86.
Portfolio Pulse from Benzinga Newsdesk
Canadian Pacific Kansas City shares are trading lower after B of A Securities maintained a Below Average rating on the stock and lowered its price target from $88 to $86.
May 24, 2023 | 4:22 pm
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B of A Securities maintained a Below Average rating on Canadian Pacific Kansas City (CP) and lowered its price target from $88 to $86, causing shares to trade lower.
The lowered price target and maintained Below Average rating by B of A Securities directly impacts Canadian Pacific Kansas City (CP) shares, causing them to trade lower. This negative outlook from a major financial institution is likely to influence investor sentiment and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100