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Fly News Breaks for January 29, 2020
UNP, CP, CNI
Jan 29, 2020 | 08:16 EDT
Deutsche Bank analyst Seldon Clarke downgraded Canadian National Railway (CNI) to Hold from Buy with a price target of $90, down from $94. The analyst sees limited earnings growth potential and a "stretched" valuation. Clarke believes Canadian National's earnings growth will be constrained by limited operating leverage and he sees better opportunities for growth at both Canadian Pacific (CP) and Union Pacific (UNP).
News For CNI;CP;UNP From the Last 2 Days
CNI
UNP, CP, CNI
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