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CN price target raised to $141 from $124 at Citi

Citi raised the firm's price target on CN to $141 from $124 and keeps a Buy rating on the shares. Transports' Q2 earnings are likely to be among the strongest in years, as companies benefit from significantly tighter capacity conditions coupled with moderately improving demand, the analyst tells investors in a preview for the group.

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Citi raised the firm's price target on CN to $141 from $124 and keeps a Buy rating on the shares.

Transports' Q2 earnings are likely to be among the strongest in years, as companies benefit from significantly tighter capacity conditions coupled with moderately improving demand, the analyst tells investors in a preview for the group.