Canadian National upgraded by Bank of America on volume gains, attractive valuation [Yahoo! Finance]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: Yahoo! Finance
Bank of America has raised its rating on Canadian National Railway (NYSE:CNI) shares to ‘Buy' from ‘Neutral,' citing improvements in service, volume growth, and an attractive valuation when compared to its peers. The firm also raised its price target on Canada's largest freight railway to US$122 from US$117, implying upside from current levels of about US$110. In a note to clients, Bank of America highlighted that Canadian National is posting stronger-than-expected volume gains. “Revenue ton miles are up 3% Q1 to date versus our 0.5% target, and above CPKC's 1.2% Q1 to date; carloads were up 1.7%, above our prior 0.2% target,” the analysts wrote. The bank wrote that these results are ahead of the company's flat full-year target, supported by record Canadian grain shipments and above-target intermodal and auto volumes. Service metrics are also showing improvement, with newly appointed COO Patrick Whitehead credited for operational gains. Bank of America noted that “average v
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CNI
News
- Canadian National Railway (NYSE:CNI) (TSE:CNR) was upgraded by Bank of America Corporation from "neutral" to "buy". They now have a $122.00 price target on the stock, up from $117.00.MarketBeat
- Canadian National Railway (NYSE:CNI) (TSE:CNR) had its price target raised by Citigroup Inc. from $115.00 to $123.00. They now have a "buy" rating on the stock.MarketBeat
- 3 TSX Dividend Stocks Worth Owning if You'd Rather Not Watch the Market Every Day [Yahoo! Finance Canada]Yahoo! Finance Canada
- CN Reports March Grain MovementGlobeNewswire
- CN Announces $750,000 to Support Homelessness Prevention in Greater Chicago AreaGlobeNewswire
CNI
Earnings
- 1/30/26 - Beat
CNI
Sec Filings
- 3/25/26 - Form 6-K
- 3/25/26 - Form 6-K
- 2/6/26 - Form 6-K
- CNI's page on the SEC website