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Fly News Breaks for December 5, 2019
KSU
Dec 5, 2019 | 05:56 EDT
Barclays analyst Brandon Oglenski raised his price target for Kansas City Southern to $152 from $140 while keeping an Equal Weight rating on the shares. The company is benefiting from both improved operations and a more disciplined capital approach, which should benefit shareholders, Oglenski tells investors in a research note. However, the analyst notes that Kansas City shares trade near the top end of a "potentially extended" railroad peer group.
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