BMO Capital Maintains Outperform on Canadian National Railway, Lowers Price Target to C$175
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Fadi Chamoun has maintained an 'Outperform' rating on Canadian National Railway (TSX:CNR), but lowered the price target from C$177 to C$175.
July 26, 2023 | 12:08 pm
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BMO Capital has maintained an 'Outperform' rating on Canadian National Railway (CNI), but lowered the price target from C$177 to C$175.
The news is directly related to Canadian National Railway (CNI). The 'Outperform' rating suggests that the analyst expects the stock to do better than the market average. However, the lowering of the price target might indicate a slightly less optimistic outlook than before, which could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100