RBC Capital Maintains Outperform on Canadian National Railway, Lowers Price Target to C$172
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Walter Spracklin has maintained an 'Outperform' rating on Canadian National Railway (TSX:CNR), but lowered the price target from C$174 to C$172.
July 26, 2023 | 1:24 pm
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RBC Capital has maintained an 'Outperform' rating on Canadian National Railway (CNI), but lowered the price target. This could potentially impact the stock's performance.
The 'Outperform' rating suggests that RBC Capital expects Canadian National Railway to outperform the market, which is positive for the stock. However, the lowering of the price target could indicate a slightly less optimistic outlook, which might have a neutral to slightly negative impact on the stock in the short term.
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IMPORTANCE 70
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