On Oct 24, major Wall Street analysts update their ratings for $Canadian National Railway (CNI.US)$, with price targets ranging from $115.71 to $162.
Morgan Stanley analyst Ravi Shanker maintains with a buy rating, and adjusts the target price from $149.89 to $144.63.
J.P. Morgan analyst Brian Ossenbeck maintains with a hold rating, and adjusts the target price from $122.25 to $121.49.
BofA Securities analyst Ken Hoexter maintains with a hold rating, and maintains the target price at $122.
Citi analyst Ariel Rosa maintains with a hold rating, and maintains the target price at $126.
Barclays analyst Brandon Oglenski maintains with a hold rating, and adjusts the target price from $121 to $162.
Furthermore, according to the comprehensive report, the opinions of $Canadian National Railway (CNI.US)$'s main analysts recently are as follows:
The company's results aligned closely with reduced forecasts, taking into consideration previously recognized challenges such as the third-quarter union work stoppage, wildfires affecting operations, and a decrease in industrial production growth. It was noted that despite the company mentioning its network's strong performance, there is a noticeable effort to streamline surplus resources and abundant capacity in the context of seeking volume amidst a difficult demand environment.
Here are the latest investment ratings and price targets for $Canadian National Railway (CNI.US)$ from 13 analysts:
Note:
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