Bernstein Maintains Market Perform on Canadian National Railway, Lowers Price Target to $126.29
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst David Vernon maintains a Market Perform rating on Canadian National Railway (NYSE:CNI) but lowers the price target from $130.67 to $126.29.
October 09, 2024 | 5:30 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Bernstein analyst David Vernon has maintained a Market Perform rating on Canadian National Railway but has lowered the price target from $130.67 to $126.29, indicating a slightly less optimistic outlook.
The lowering of the price target by Bernstein suggests a less optimistic view on Canadian National Railway's short-term performance, which could lead to a negative impact on the stock price. The Market Perform rating indicates a neutral stance, but the reduced price target is a bearish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100