Deutsche Bank Downgrades Canadian National Railway to Hold, Lowers Price Target to $121
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Amit Mehrotra has downgraded Canadian National Railway (CNI) from Buy to Hold and reduced the price target from $125 to $121.
November 27, 2023 | 11:28 am
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Deutsche Bank downgraded Canadian National Railway from Buy to Hold and lowered the price target from $125 to $121.
Analyst downgrades typically lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The reduction in the price target further supports the expectation of a decrease in stock value.
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IMPORTANCE 80
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