Scotiabank Maintains Outperform on Canadian Pacific Kansas, Lowers Price Target to $123
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Konark Gupta maintains an Outperform rating on Canadian Pacific Kansas (NYSE:CP) but lowers the price target from $124 to $123.
June 29, 2023 | 4:46 pm
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Scotiabank has maintained an Outperform rating on Canadian Pacific Kansas but lowered the price target from $124 to $123.
The news is directly related to Canadian Pacific Kansas (CP). While the Outperform rating is maintained, the slight decrease in the price target might indicate a minor concern about the company's short-term performance. However, the impact on the stock price is likely to be neutral in the short term as the decrease is minimal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100