Barclays Turns More Optimistic on Canadian National Railway (CNI)

Canadian National Railway Company (NYSE:CNI) is one of the 9 Best Stocks to Buy in Chris Hohn's TCI Fund Portfolio.

On June 25, 2026, Barclays raised its price target on Canadian National Railway Company (NYSE:CNI) from $99 to $109 while maintaining an Equal Weight rating on the company's stock. As part of its second-quarter earnings preview, the firm adjusted price targets across the North American transportation group. The firm's analyst anticipates stronger transport earnings and a more robust outlook, induced by positive movements in domestic and international freight demand alongside reduced capacity. Barclays' analyst further notes in a research note that volume momentum and rising U.S. imports are driving favorable earnings revisions for most carriers, while core pricing gains upward momentum amid tightening market capacity.

Prior to this, Canadian National Railway Company (NYSE:CNI) saw another price adjustment on June 24, 2026, with RBC Capital raising its price target from C$178 to C$195 while keeping an Outperform rating on the stock. The revision was also part of the firm's preview of Q2 results for Class I railroads. The firm further cited the company's strong volume

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/barclays-turns-more-optimistic-canadian-125729283.html)