Citigroup Initiates Coverage On Canadian National Railway with Neutral Rating, Announces Price Target of $125
Portfolio Pulse from Benzinga Newsdesk
Citigroup has initiated coverage on Canadian National Railway with a Neutral rating and set a price target of $125.
October 09, 2024 | 1:39 pm
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NEUTRAL IMPACT
Citigroup has initiated coverage on Canadian National Railway with a Neutral rating and a price target of $125, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Citigroup does not expect significant short-term price movement for CNI. The price target of $125 provides a benchmark for investors, but the neutral stance indicates no strong buy or sell recommendation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100