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Fly News Breaks for January 23, 2018
CP
Jan 23, 2018 | 07:02 EDT
Loop Capital analyst Rick Paterson raised his price target on Canadian Pacific to CAD252 from CAD226 after a Q4 earnings beat. Paterson says the anticipated benefits from U.S. tax changes will be helpful, also noting that the company is "the cheapest rail stock" on consensus forward earnings. The analyst keeps his Buy rating, citing "optionality resulting from the service and capacity gap" over Canadian National Railway.
News For CP From the Last 2 Days
CP
Apr 25, 2024 | 12:22 EDT
Scotiabank lowered the firm's price target on Canadian Pacific Kansas City to C$124 from C$126 and keeps a Sector Perform rating on the shares.
CP
Apr 25, 2024 | 07:31 EDT
CP
Apr 25, 2024 | 06:49 EDT
Susquehanna analyst Bascome Majors lowered the firm's price target on Canadian Pacific Kansas City to $80 from $84 and keeps a Neutral rating on the shares. The firm views the company's nearer-term conservatism as prudent given the historic unpredictability of Canadian Teamsters labor negotiations, and remain on the sidleines primarily because of valuation.
