BofA/Merrill Lynch Double Upgrades Canadian National Railway (CNI) to Buy
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Price: $122.86 --0%
Rating Summary:
12 Buy, 21 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 5 | Down: 5 | New: 2
Rating Summary:
12 Buy, 21 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 5 | Down: 5 | New: 2
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BofA/Merrill Lynch upgraded Canadian National Railway (NYSE: CNI) from Underperform to Buy with a price target of $93.00 (from $72.00).
Analyst Ken Hoexter says the turnaround is taking place at a faster pace than previously forecasts and likes the revamp in volumes.
For an analyst ratings summary and ratings history on Canadian National Railway click here. For more ratings news on Canadian National Railway click here.
Shares of Canadian National Railway closed at $83.18 yesterday.
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