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Canadian Pacific price target raised to C$120 from C$115 at TD Securities

TD Securities analyst Cherilyn Radbourne raised the firm’s price target on Canadian Pacific Kansas City to C$120 from C$115 and keeps a Hold rating on the shares post the Q2 report. The company is delivering on its “unique, merger-driven growth story,” the analyst tells investors in a research note. However, firm believes “considerable upside” is already priced into the stock.

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