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Fly News Breaks for July 23, 2018
KSU
Jul 23, 2018 | 06:14 EDT
Loop Capital analyst Rick Paterson raised his price target on Kansas City Southern to $132 and kept his Buy rating. The analyst models a 3% volume growth for 2018, which is in-line with the reduced 3-4% outlook from the company in its earnings update on Friday, but adds that some of the intra-Mexico intermodal traffic may experience less discounting and higher margins than anticipated.
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