Wolfe Research Upgrades Canadian Pacific Railway Limited (CP) to Outperform

Wolfe Research analyst Scott Group upgraded Canadian Pacific Railway Limited (NYSE: CP) from Peerperform to Outperform.

Wolfe Research analyst Scott Group is adjusting his models for trucking as part of roll forward into 2019 and an introduction of 2020 estimates. He downgrades Trucking sub-sector to Market Underweight (from Market Weight) citing a later stage of the freight and economic cycle.

For an analyst ratings summary and ratings history on Canadian Pacific Railway Limited click here. For more ratings news on Canadian Pacific Railway Limited click here.

Shares of Canadian Pacific Railway Limited closed at $217.95 yesterday.

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