Barclays Maintains Equal-Weight on Canadian National Railway, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandon Oglenski has maintained an Equal-Weight rating on Canadian National Railway (CNI) and increased the price target from $127 to $130.
April 04, 2024 | 1:58 pm
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Barclays has maintained an Equal-Weight rating on Canadian National Railway and raised the price target from $127 to $130.
The increase in price target by Barclays reflects a positive outlook on Canadian National Railway's future performance. This adjustment suggests that the analyst sees potential for growth or stability in the company's stock price, which could positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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IMPORTANCE 70
RELEVANCE 90