RBC Sees More Upside for Canadian Pacific Kansas City (CP) – Here’s Why
Canadian Pacific Kansas City Limited (NYSE:CP) is one of the 9 Best Stocks to Buy in Chris Hohn's TCI Fund Portfolio. On June 24, 2026, Canadian Pacific Kansas
Canadian Pacific Kansas City Limited (NYSE:CP) is one of the 9 Best Stocks to Buy in Chris Hohn's TCI Fund Portfolio.
On June 24, 2026, Canadian Pacific Kansas City Limited (NYSE:CP) saw a rise in its price target from RBC Capital. The stock that accounts for approximately 8% of Chris Hohn's TCI Fund Portfolio saw its price target raised from C$127 to C$139. RBC Capital maintained an Outperform rating on the shares. The firm has been revising the estimates for Class I railroads while previewing the Q2 results. RBC Capital remains positive on the company as a "best-in-class railroad" ahead of a transformative acquisition. The firm's analyst further noted that the Kansas City deal is likely to be a significant catalyst for notable growth and a material upward valuation re-rate.
In contrast, on June 25, 2026, Evercore ISI lowered the price target on Canadian Pacific Kansas City Limited (NYSE:CP) from $92 to $91 and kept an Outperform rating on the company's stock. According to the firm's analyst, the Class I railroads are expected to deliver second-quarter earnings beats and raise outlooks, driven by accelerating volume growth throughout the period.
Founded in 1881, Canadian Pacifi
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/rbc-sees-more-upside-canadian-125738040.html)
Esta información no constituye asesoramiento de inversión. Consulte con un profesional antes de tomar decisiones financieras.