B of A Securities Maintains Neutral on Canadian National Railway, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter maintains a Neutral rating on Canadian National Railway (CNI) and raises the price target from $131 to $140.

March 21, 2024 | 5:56 pm
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POSITIVE IMPACT
B of A Securities maintains a Neutral rating on Canadian National Railway and raises the price target from $131 to $140.
The increase in the price target by B of A Securities suggests a positive outlook on the stock's future performance, potentially leading to a short-term increase in its stock price. However, the maintenance of a Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both growth and risk.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100