BMO Capital Maintains Outperform on Canadian Pacific Kansas, Lowers Price Target to C$125
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Fadi Chamoun has maintained an 'Outperform' rating on Canadian Pacific Kansas (TSX:CP), but lowered the price target from C$128 to C$125.
October 26, 2023 | 2:34 pm
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BMO Capital has maintained an 'Outperform' rating on Canadian Pacific Kansas, but lowered the price target from C$128 to C$125.
The news is directly about Canadian Pacific Kansas (CP). The 'Outperform' rating suggests that the analyst expects the stock to do better than the market average, which is positive. However, the lowering of the price target might indicate a slightly less optimistic outlook than before, which could have a neutral to slightly negative impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100