CN price target lowered to C$153 from C$154 at JPMorgan

JPMorgan lowered the firm’s price target on CN (CNI) to C$153 from C$154 and keeps a Neutral rating on the shares. The firm updated transport and logistic estimates and price targets ahead of the Q3 reports. JPMorgan lowered estimates across the board, saying tariffs and trade policy uncertainty persisted while spot truckload rates remain subdued.