BMO Capital Maintains Outperform on Canadian Pacific Kansas, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Fadi Chamoun maintains an Outperform rating on Canadian Pacific Kansas (NYSE:CP) but lowers the price target from $130 to $28.
June 08, 2023 | 3:24 pm
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BMO Capital maintains an Outperform rating on Canadian Pacific Kansas (NYSE:CP) but lowers the price target from $130 to $28.
The news of BMO Capital maintaining an Outperform rating on Canadian Pacific Kansas (NYSE:CP) is positive for the stock. However, the lowering of the price target from $130 to $28 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100