Canadian National Railway Company (NYSE:CNI) is among the 15 Best Passive Income Stocks to Buy Right Now. Bernstein raised CNI’s price target to $109.44 from $106.47 and maintained a Market Perform rating. CEO Tracy Robinson acknowledged volume forecast challenges but highlighted strong operational results. Management plans to reduce capital spending and cut management labor costs by $75 million. CNI operates the largest rail network in Canada and provides services in the US and Mexico.

Read more at Yahoo Finance: Bernstein Raises CNI Price Target to $109.44, Maintains Market Perform Rating