CIBC Raises Price Target for Canadian Pacific Kansas City Limited
CIBC has increased its price target for Canadian Pacific Kansas City Limited to CA$150.
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UBS raised its price target on Canadian Pacific Kansas City Limited to CA$146 from CA$139 while maintaining a Buy rating.
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CIBC has increased its price target for Canadian Pacific Kansas City Limited to CA$150.
CPKC reported third-quarter 2026 revenue of C$4.22 billion, slightly exceeding analyst expectations, while adjusted earnings per share came in at C$1.28.
Canadian Pacific Kansas City Limited has entered into a new five-year agreement with Elk Valley Resources to increase the volume of steelmaking coal transported to West Coast export terminals.