JP Morgan Maintains Neutral on Canadian National Railway, Lowers Price Target to $159
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has maintained a Neutral rating on Canadian National Railway (NYSE:CNI) and lowered the price target from C$167 to C$159.
October 11, 2023 | 7:28 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on Canadian National Railway and lowered the price target, which could potentially impact the stock's performance.
The lowered price target by JP Morgan could potentially lead to a change in investor sentiment and impact the stock's performance. However, the maintained Neutral rating indicates that the company's fundamentals are still solid.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100