Barclays Maintains Equal-Weight on Canadian National Railway, Raises Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tracy Benguigui has maintained an Equal-Weight rating on Canadian National Railway (NYSE:CNI) and raised the price target from $109 to $113.
October 25, 2023 | 2:11 pm
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Barclays has maintained an Equal-Weight rating on Canadian National Railway and raised the price target from $109 to $113.
The news is directly related to Canadian National Railway (CNI). Barclays' decision to maintain an Equal-Weight rating indicates a neutral outlook for the stock. However, the increase in the price target from $109 to $113 suggests a positive short-term impact on the stock as it indicates the analyst's increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100