Scotiabank Maintains Outperform on Canadian Pacific Kansas, Raises Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Konark Gupta maintains an Outperform rating on Canadian Pacific Kansas (NYSE:CP) and raises the price target from C$122 to C$124.
June 22, 2023 | 4:47 pm
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Scotiabank maintains an Outperform rating on Canadian Pacific Kansas (NYSE:CP) and raises the price target from C$122 to C$124.
The news of Scotiabank maintaining an Outperform rating and raising the price target for Canadian Pacific Kansas (NYSE:CP) is positive for the stock. This indicates that the analyst believes the stock will outperform the market and has increased confidence in its future performance. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100