CN building strong momentum into 2019

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Canadian National Railway (CNI) PT Raised to $96 at Credit Suisse

January 30, 2019 8:11 AM EST

Credit Suisse analyst Allison Landry raised the price target on Canadian National Railway (NYSE: CNI) to $96.00 (from $95.00) while maintaining a Outperform rating. As capacity came online in Q4 following a step up in capex, network fluidity improved, margins inflected positively, and volume growth reaccelerated.

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