RBC Capital Maintains Outperform on Canadian Pacific Kansas, Lowers Price Target to C$127
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Walter Spracklin has maintained an Outperform rating on Canadian Pacific Kansas but has lowered the price target from C$128 to C$127.
January 31, 2024 | 3:22 pm
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RBC Capital has maintained an Outperform rating on Canadian Pacific Kansas, indicating a positive outlook, but has slightly lowered the price target from C$128 to C$127.
The maintenance of an Outperform rating suggests that RBC Capital still has a positive view on Canadian Pacific Kansas's future performance. However, the slight decrease in the price target could reflect a minor adjustment in valuation expectations, which may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100