Wells Fargo Upgrades Canadian National Railway (CNI) to Overweight

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BofA Securities Downgrades Canadian National Railway (CNI) to Neutral, 'as vol/cost pressure puts ’24 targets at risk'

October 4, 2024 6:05 AM EDT

(Updated - October 4, 2024 6:11 AM EDT)

BofA Securities analyst Ken Hoexter downgraded Canadian National Railway (NYSE: CNI) from Buy to Neutral with a price target of $122.00 (from $129.00).

The analyst comments "We lower our rating on Canadian Nationals shares (CNI) to Neutral from Buy given below-est.... More