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CN price target raised to $107 from $102 at BofA

BofA raised the firm’s price target on CN (CNI) to $107 from $102 and keeps a Neutral rating on the shares. Canadian National’s Q4-to-date Revenue Ton Miles are up 5.0% year-year, above the firm’s prior 2.0% growth target, the analyst tells investors. The firm raised its Q4 EPS forecast 5% to C$1.98 on volume flow through, yet maintains its FY26 forecast of C$8.05, the analyst noted.

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