Canadian National Railway (NYSE:CNI) was downgraded by equities research analysts at Bank of America to an “underperform” rating in a note issued to investors on Tuesday, MarketBeat reports.
A number of other analysts also recently weighed in on CNI. Barclays boosted their target price on shares of Canadian National Railway from $56.00 to $58.00 and gave the stock an “equal weight” rating in a report on Tuesday. RBC Capital boosted their target price on shares of Canadian National Railway from $89.00 to $90.00 and gave the stock an “outperform” rating in a report on Tuesday. Cowen and Company boosted their target price on shares of Canadian National Railway from $61.50 to $69.00 and gave the stock an “outperform” rating in a report on Tuesday. Susquehanna reduced their target price on shares of Canadian National Railway from $63.00 to $57.00 in a report on Tuesday, January 12th. Finally, TD Securities restated a “buy” rating and issued a $88.00 target price (down from $89.00) on shares of Canadian National Railway in a report on Wednesday, January 27th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and ten have issued a buy rating to the company’s stock. Canadian National Railway currently has an average rating of “Hold” and an average target price of $74.18.
Source: American Banking and Market News