Stephens analyst Daniel Imbro maintains $Canadian Pacific Railway (CP.US)$ with a hold rating, and adjusts the target price from $85 to $81.
According to TipRanks data, the analyst has a success rate of 67.9% and a total average return of 17.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Canadian Pacific Railway (CP.US)$'s main analysts recently are as follows:
Canadian Pacific Kansas City's adjusted Q3 EPS increased by 7% year-over-year, exceeding the anticipated target but not quite reaching the average market estimate. Subsequent to the report, projections for Q4 and full year earnings have been modestly revised downwards.
The company's Q3 outcomes aligned with expectations, yet the forecast for volumes has been enhanced, bolstered by robust Bulk and Automotive outputs from Mexico. It's a rare occurrence for corporations to augment volume projections in the current economic climate, and the company's decision to lift volume forecasts to the mid-single digits showcases its distinctive position as it capitalizes on the synergistic benefits emerging from the recent business acquisition.
Note:
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