CN's price target raised to C$155 from C$146 due to improved sentiment in freight sector

From Yahoo Finance: 2025-05-21 09:55:00

CIBC raised CN’s price target to C$155 from C$146, citing improved sentiment in the freight transportation sector due to the 90-day delay in 145% tariffs on Chinese goods and reduction of U.S. goods tariffs to 10%. This move helps de-risk the outlook for the freight sector, leading CIBC to adjust target multiples.

Source: TheFly

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Read more at Yahoo Finance: CN price target raised to C$155 from C$146 at CIBC