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Fly News Breaks for February 16, 2018
CNI
Feb 16, 2018 | 06:32 EDT
Deutsche Bank analyst Seldon Clarke lowered his estimates for Canadian National to reflect lingering service issues, a lower volume trajectory, and additional margin pressures related to carload mix. He believes consensus expectations remain too high and keeps a Sell rating on the shares. The analyst dropped his price target for the stock to $69 from $74.