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Fly News Breaks for July 24, 2017
KSU
Jul 24, 2017 | 08:56 EDT
Cowen analyst Jason Seidl noted Kansas City Southern posted another impressive quarter but said its current valuation and regulatory uncertainty regarding Mexico keeps him on the sidelines. He said increased intermodal network density and other efficiencies should drive margin improvement and the shares are attractive for patient long-term investors, but he is maintaining his Market Perform rating. Seidl raised his price target to $104 from $95 on Kansas City Southern shares.
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