UPDATE: JP Morgan Upgrades Canadian National Railway on Growth Drivers
May 31, 2013 at 09:34 AM EDT
In a report published in Friday, JP Morgan analyst Thomas Wadewitz upgraded Canadian National Railway (NYSE: CNI ) from Underweight to Neutral and raised the price target from $96.00 to $110.00. In the report, JP Morgan stated, "Due to its greater reach North into the oil sands and