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Fly News Breaks for April 5, 2018
KSU
Apr 5, 2018 | 21:00 EDT
Loop Capital analyst Rick Paterson writes that the consensus estimate for Kansas City Southern Q1 earnings looks too high, given the expected decline in Q1 coal volumes due to closure of Luminant's Monticello coal fired power plant and higher interchanges and equipment costs. The analyst keeps his Buy rating and nudges his price target higher to $127 from $124 however, noting some positive developments toward a renegotiated NAFTA deal.
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