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National Bank Lowers CN Rail Target to $178
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National Bank Lowers CN Rail Target to $178
Jan 13, 2025 11:42 AM

02:22 PM EST, 01/13/2025 (MT Newswires) -- National Bank has trimmed its target on CN Rail to $178, from $181, but kept its Outperform rating ahead of fourth-quarter results.

"Investor patience with the stock is likely wearing thin following a forgettable 2024 performance from CN and tariff risk is likely to remain an overhang in the near term," writes analyst Cameron Doerksen. "We nevertheless remain hopeful for a better 2025 for CN Rail, but concede that the company will need to show better execution in the coming quarters if the stock is to move meaningfully higher."

Price: 144.30, Change: +0.15, Percent Change: +0.10

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