Susquehanna raised the firm’s price target on Canadian National to $116 from $114 and keeps a Neutral rating on the shares. The analyst noted they posted strong 1Q results against high expectations driving full-year guidance up in a challenging 1H23 for transports, while management remains clear-eyed about macro risks ahead.
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- CN Announces Election of Directors
- Canadian National price target raised to $130 from $126 at Barclays
- Canadian National Railway (TSE:CNR) Reports Strong Q1 Earnings, Raises Guidance
- CN ups FY23 adjusted EPS view to up mid single digits from up low single digits
- Canadian National reports Q1 EPS C$1.82 vs. C$1.32 last year