Susquehanna Maintains Neutral on Canadian Pacific Kansas, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Bascome Majors has maintained a Neutral rating on Canadian Pacific Kansas (NYSE:CP) but has reduced the price target from $87 to $85.

January 31, 2024 | 3:43 pm
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Susquehanna has maintained a Neutral rating on Canadian Pacific Kansas and lowered the price target from $87 to $85.
The reduction in price target by Susquehanna suggests a less optimistic outlook on Canadian Pacific Kansas's stock value, which could lead to a negative short-term impact on the stock price. The Neutral rating indicates that the analyst does not see significant upside or downside potential, but the lowering of the price target may be perceived negatively by the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100