Canadian Pacific Kansas City: Citi and CIBC raise price targets
Analysts keep their ratings on Canadian Pacific Kansas City shares. Citi and CIBC raised their targets while Desjardins Securities cut its own, Dow Jones Newswires reports.
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what happened
Dow Jones Newswires, citing Baystreet, reports fresh analyst ratings on Canadian Pacific Kansas City Ltd. Citi kept its Buy rating and raised its price target to C$106 a share from C$102.
Desjardins Securities also kept a Buy rating but cut its target to C$141 from C$143. CIBC maintained an Outperform rating and lifted its target to C$150 from C$143. National Bank also kept Outperform, but the report does not mention any change to its target.
why it matters
Revisions like these reflect analysts updating their models and do not add new information about the company's business. For investors they serve as a gauge of sentiment on the railway operator's stock, but on their own they rarely move the market noticeably.
tags
instruments
sources
- Canadian Pacific Kansas City Ltd. Is Maintained at Buy by Citi — Dow Jones Newswires, 29 October 2026 at 15:38 UTC
- Canadian Pacific Kansas City Ltd. Is Maintained at Buy by Desjardins Securities — Dow Jones Newswires, 29 October 2026 at 15:38 UTC
- Canadian Pacific Kansas City Ltd. Is Maintained at Outperform by CIBC — Dow Jones Newswires, 29 October 2026 at 15:38 UTC
- Canadian Pacific Kansas City Ltd. Is Maintained at Outperform by National Bank — Dow Jones Newswires, 29 October 2026 at 15:38 UTC
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