CIBC analyst Kevin Chiang lowered the firm’s price target on Canadian Pacific Kansas City (CP) to C$124 from C$128 and keeps an Outperformer rating on the shares.
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Read More on CP:
- North American rail traffic up 4.1% for the week ending March 15
- USW ratifies new collective bargaining agreement with CPKC
- CPKC Announces $1.2 Billion Debt Offering to Strengthen Financial Position
- North American rail traffic up 3.8% for the week ending March 8
- North American rail traffic up 4.2% for the week ending March 1
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