
RBC Capital updates Canadian National (CNI) outlook ahead of rail earnings season

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RBC Capital has updated its outlook for Canadian National Railway Company (NYSE:CNI) ahead of the rail earnings season. The firm lowered its price target from C$158 to C$153 but maintained an Outperform rating. This adjustment is part of a broader preview of fourth-quarter results, highlighting CNI as a strong dividend stock with low payout ratios and significant upside potential.

