Morgan Stanley Reinstates Overweight on Canadian Pacific Kansas, Announces C$100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has reinstated an Overweight rating on Canadian Pacific Kansas (NYSE:CP) and announced a price target of C$100.
September 05, 2023 | 3:27 pm
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Morgan Stanley has reinstated an Overweight rating on Canadian Pacific Kansas (NYSE:CP) and set a price target of C$100.
The reinstatement of an Overweight rating by a major financial institution like Morgan Stanley is a positive signal for the stock. The price target of C$100 also indicates a bullish outlook for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100