Canadian National price target lowered to $130 from $135 at Susquehanna

Susquehanna lowered the firm’s price target on Canadian National to $130 from $135 and keeps a Neutral rating on the shares. The firm noted they reduced their full-year EPS outlook, as expected they would, though they don’t yet view today’s “mid-to-high-single-digit range” as a given and called the miss operational led by yield and labor.