Citigroup Maintains Neutral on Canadian National Railway, Lowers Price Target to $122
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Christian Wetherbee maintains a Neutral rating on Canadian National Railway (NYSE:CNI) and has lowered the price target from $125 to $122.
July 12, 2023 | 1:29 pm
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Citigroup has maintained a Neutral rating on Canadian National Railway and lowered the price target from $125 to $122.
The news directly pertains to Canadian National Railway (CNI). The lowered price target could indicate a potential decrease in the stock's value, but the maintained Neutral rating suggests that the overall outlook for the stock remains stable. This could lead to a neutral short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100