Argus Research Reiterates Hold on Canadian National Railwayto Hold
Argus Research analyst Kristina Ruggeri reiterates Canadian National Railway (NYSE:CNI) from Hold to Hold.
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Canadian National Railway (NYSE:CNI) reported quarterly earnings of $1.50 per share which beat the analyst consensus estimate of $1.40 by 7.14 percent. This is a 11.11 percent increase over earnings of $1.35 per share
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Argus Research analyst Kristina Ruggeri reiterates Canadian National Railway (NYSE:CNI) from Hold to Hold.
The Gates Foundation Trust's $34.4 billion equity portfolio reveals a preference for industrial and consumer stocks over technology companies. With Berkshire Hathaway as its largest holding at $7.4 billion, the foundation also maintains significant positions in Caterpillar, Canadian National Railway, Waste Management, and Deere. This strategy demonstrates that solid long-term returns can be achieved through steady compounders rather than volatile tech stocks, while still benefiting from trends like AI-driven data center construction.
CN Railway (NYSE:CNI) reported strong Q2 earnings, beating estimates with $1.50/share and $3.433 billion in sales. Analysts raise price targets.
Evercore ISI Group analyst Jonathan Chappell maintains Canadian National Railway (NYSE:CNI) with a Outperform and raises the price target from $124 to $139.
Scotiabank analyst Konark Gupta maintains Canadian National Railway (TSX:CNR) with a Sector Outperform and raises the price target from C$194 to C$199.
RBC Capital analyst Walter Spracklin maintains Canadian National Railway (TSX:CNR) with a Outperform and raises the price target from C$195 to C$205.