Scotiabank Maintains Sector Perform on Canadian National Railway, Lowers Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Konark Gupta has maintained a 'Sector Perform' rating on Canadian National Railway (NYSE:CNI) but lowered the price target from C$172 to C$170.
September 27, 2023 | 5:20 pm
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NEGATIVE IMPACT
Scotiabank has maintained its 'Sector Perform' rating on Canadian National Railway but lowered the price target, which could potentially impact the stock's performance.
The lowering of the price target by Scotiabank indicates a potential decrease in the value of CNI's stock. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100