UPDATE: Jefferies Raises PT on Canadian National Railway on Positive Signs
April 10, 2013 at 12:53 PM EDT
In a report published Wednesday, Jefferies analyst Peter Nesvold reiterated an Underperform rating on Canadian National Railway (NYSE: CNI ), and slightly raised the price target from $84.00 to $85.00. In the report, Nesvold noted, “Transports rallied from 800 basis points of underperformance in 2012 to 670 basis points of