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Fly News Breaks for July 17, 2019
CP
Jul 17, 2019 | 07:20 EDT
Deutsche Bank analyst Seldon Clarke raised his price target for Canadian Pacific $260 from $230 citing the structural improvements in the company's long-term free cash conversion and further improvements in profitability. He keeps a Buy rating on the shares following Canadian Pacific's Q2 results.
News For CP From the Last 2 Days
CP
Apr 22, 2024 | 08:19 EDT
Raymond James raised the firm's price target on Canadian Pacific Kansas City to C$130 from C$120 and keeps an Outperform rating on the shares. While Q1 was volatile from a weather standpoint, the firm entered Q2 "even more confident in the traffic recovery that emerged late last year" and it remains "demonstrably upbeat on the outlook for both Canadian railroads," the analyst tells investors.
