CN price target raised to $116 from $115 at Susquehanna

Susquehanna raised the firm’s price target on CN (CNI) to $116 from $115 and keeps a Positive rating on the shares. The firm said the company’s strategic update prioritizing cost control and capital discipline reflects the reality of the current lower-for-longer volume backdrop, and they expect this approach to protect earnings and cash flow into 2026.