Wells Fargo Initiates Coverage On Canadian Pacific Kansas with Overweight Rating, Announces Price Target of $90
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Canadian Pacific Kansas (NYSE:CP) with an Overweight rating and a price target of $90.
June 07, 2024 | 2:35 pm
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Wells Fargo has initiated coverage on Canadian Pacific Kansas with an Overweight rating and a price target of $90, indicating a positive outlook for the stock.
The initiation of coverage with an Overweight rating and a price target of $90 by a major financial institution like Wells Fargo is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100