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Fly News Breaks for January 20, 2020
Jan 20, 2020 | 13:31 EDT
BMO Capital analyst Fadi Chamoun raised his price target for Kansas City Southern to $175 from $162 and keeps an Outperform rating on the shares. The company is forecasting an annual earnings growth in the mid-teens through 2021, an outlook no other railroad is likely to match, Chamoun tells investors in a research note. He believes Kansas City offers "unique above-average" revenue growth opportunities alongside solid operational improvement momentum.
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