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Fly News Breaks for January 12, 2017
CNI
Jan 12, 2017 | 07:15 EDT
As previously reported, BofA/Merrill upgraded Canadian National to Neutral from Buy and raised its price target to $73 from $64. Analyst Ken Hoexter said Canadian National trades at high multiple but posted best in class volume growth in Q4 and thinks an Underweight rating is unwarranted in a volume growth environment.
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