Stephens upgraded Canadian Pacific Kansas City (CP) to Overweight from Equal Weight with a price target of $88, up from $81. The firm “slightly lowered” its Q4 EPS estimate to $1.23, compared to the Street’s $1.26 forecast, due to lower volume and some elevated costs from winter weather in December. However, it believes shares are attractively valued after a pullback and expects the strongest earnings growth in the group in 2025 from Canadian Pacific Kansas City, the analyst tells investors.
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Read More on CP:
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