Bank of America Increases Price Target for Canadian National Railway to $122
Bank of America raised its price target for Canadian National Railway (CNI) to $122 from $117, citing strong volume momentum and operational improvements. The upgrade follows a record Canadian grain crop and stronger-than-expected intermodal and auto volumes. The stock remains undervalued relative to peers, according to the analyst.
Tickers: $CNI
Topics: Analyst Upgrade Canadian National Railway Company Dividend Stocks Price Target Transportation Sector