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Canaccord Genuity Downgrades Canadian Pacific Railway Limited to "Sell"

2013-01-26 21:12:25| Railroads - Topix.net

They currently have a $99.00 price target on the stock, up from their previous price target of $95.00. The analysts wrote, "CP's share price is up 60% since the end of 2011, we believe almost certainly due to investor expectations that new CEO, Hunter Harrison, will drive substantial EPS growth over the next four years from margin improvement.

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