UPDATE: Credit Suisse Lowers PT on Canadian National Railway on Trimmed FY13 EPS Estimate
April 23, 2013 at 11:17 AM EDT
In a report published Tuesday, Credit Suisse analyst Christopher J. Ceraso reiterated a Neutral rating on Canadian National Railway (NYSE: CNI ), but lowered the price target from $98.00 to $96.00. In the report, Ceraso noted, “We are trimming our FY13 EPS estimate to $6.09 from $6.11. Our FY14 and