CP reports first quarter revenue of $1.66 billion; positive momentum heading into second quarter

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Canadian Pacific Railway Limited (CP) PT Raised to $258 at RBC Capital

April 19, 2018 8:22 AM EDT

RBC Capital raised its price target on Canadian Pacific Railway Limited (NYSE: CP) to $258.00 (from $256.00) while maintaining an Outperform rating following Q1 results.

Analyst Walter Spracklin said the company is hitting the sweet spot of accelerating volume, price and efficiency.

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