In a report published Monday, Sterne Agee reiterated its Neutral rating and $110.00 price target on Canadian Pacific Railway CP.
Sterne Agee noted, “Ending much speculation, this morning, CP announced that Keith Creel has joined the company as President and Chief Operating Officer, strengthening CP's senior management ranks, and lining up a likely successor to CEO Hunter Harrison down the road. Although we believe much of the EPS potential in the shares is priced into the stock at this time, CP continues to deliver better than expected news for its investors.”
Canadian Pacific Railway closed on Friday at $116.08.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in