(Source: Financial Post, December 13, 2011)
OTTAWA — RBC Capital Markets changed its rating on a handful of railroad stocks, including a downgrade of Canadian National Railway Co. in anticipation of the market shifting its focus to certain names going into 2012. Analyst Walter Spracklin reduced CN Rail to sector perform from outperform, but raised his target price on the stock to $85 from $81.
Full story: Financial Post