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Stock Market & Financial Investment News

News Breaks
May 2, 2014
06:15 EDTCPCanadian Pacific added to US Focus List at Citigroup
Citigroup added shares of Canadian Pacific Railway to its US Focus List on expectations volumes will accelerate in the coming weeks. Citi also notes that Pershing Square has maxed out its selling ability for the next 90 days. The firm raised its price target for shares to $190 from $170 and keeps a Buy rating on the stock.
News For CP From The Last 14 Days
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December 17, 2014
13:02 EDTCPCanadian Pacific in agreement with TSB incident report on Bonnybrook Bridge
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December 12, 2014
10:41 EDTCPHigh option volume stocks:
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10:01 EDTCPOn The Fly: Analyst Upgrade Summary
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07:22 EDTCPCanadian Pacific upgraded to Buy from Neutral at Buckingham
Buckingham upgraded Canadian Pacific to Buy based on continued visibility for near-term crude growth and the positive impact from a lower Canadian dollar that will offset weaker long-term crude by rail growth. Price target is $209.
December 8, 2014
10:00 EDTCPOn The Fly: Analyst Downgrade Summary
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05:40 EDTCPCanadian Pacific downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Canadian Pacific Railway to Neutral saying uncertainty around lower oil prices should drive a reduced multiple for shares. Goldman cut its price target for the rail operator to $202 from $223, but points out the company's crude business has yet to be impacted from lower oil prices. CP shares closed Friday down $2.57 to $191.58.

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