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Fly News Breaks for January 21, 2020
Jan 21, 2020 | 08:13 EDT
Loop Capital analyst Rick Paterson raised his price target on Kansas City Southern to $182 and kept his Buy rating after its "efficient and resilient" performance reported for Q4. The analyst is also "optimistic" that the company is "on a roll" operationally given the combination of its low exposure to coal shipments and the "economically resilient" cross business. Thanks in part to the easy annualized comps, Paterson believes that Kansas City Southern's Q4 result will be the best among any of its railroad peers.
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