CIBC Adjusts Target Prices on Freight and Waste Stocks

MT Newswires Live01-07

CIBC Capital Markets lowered its price target on two companies and raised its target on three as it previewed earnings for the freight and waste sectors.

In a report on Wednesday, analyst Kevin Chiang reduced his target on Canadian National Railway Co. (CNR.TO, CNI) to $151 from $154 and on Waste Connections Inc. (WCN.TO, WCN) to US$208 from US$210, and maintained an Outperformer rating on both stocks.

Chiang increased his target price on Canadian Pacific Kansas City Ltd. (CP.TO, CP) to $124 from $123 (Outperformer), Mullen Group Ltd. (MTL.TO) to $17 from $15 (Neutral), and TFI International Inc. (TFII.TO, TFII) to US$121 from US$112 (Outperformer).

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 138.52, Change: -0.48, Percent Change: -0.35

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2601804954?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-07 23:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2601804954","market":"hk","top_or_hot":-1,"title":"CIBC Adjusts Target Prices on Freight and Waste Stocks","media":"MT Newswires Live","content":"<html><body><p> CIBC Capital Markets lowered its price target on two companies and raised its target on three as it previewed earnings for the freight and waste sectors.</p><p>In a report on Wednesday, analyst Kevin Chiang reduced his target on Canadian National Railway Co. (CNR.TO, CNI) to $151 from $154 and on <a href=\"https://laohu8.com/S/WCN\">Waste Connections Inc</a>. (WCN.TO, WCN) to US$208 from US$210, and maintained an Outperformer rating on both stocks.</p><p>Chiang increased his target price on Canadian Pacific Kansas City Ltd. (CP.TO, CP) to $124 from $123 (Outperformer), <a href=\"https://laohu8.com/S/MLLGF\">Mullen Group Ltd.</a> (MTL.TO) to $17 from $15 (Neutral), and <a href=\"https://laohu8.com/S/TFII\">TFI International Inc</a>. (TFII.TO, TFII) to US$121 from US$112 (Outperformer).</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p><p>Price: 138.52, Change: -0.48, Percent Change: -0.35</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CIBC Adjusts Target Prices on Freight and Waste Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCIBC Adjusts Target Prices on Freight and Waste Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-01-07 23:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> CIBC Capital Markets lowered its price target on two companies and raised its target on three as it previewed earnings for the freight and waste sectors.</p><p>In a report on Wednesday, analyst Kevin Chiang reduced his target on Canadian National Railway Co. (CNR.TO, CNI) to $151 from $154 and on <a href=\"https://laohu8.com/S/WCN\">Waste Connections Inc</a>. (WCN.TO, WCN) to US$208 from US$210, and maintained an Outperformer rating on both stocks.</p><p>Chiang increased his target price on Canadian Pacific Kansas City Ltd. (CP.TO, CP) to $124 from $123 (Outperformer), <a href=\"https://laohu8.com/S/MLLGF\">Mullen Group Ltd.</a> (MTL.TO) to $17 from $15 (Neutral), and <a href=\"https://laohu8.com/S/TFII\">TFI International Inc</a>. (TFII.TO, TFII) to US$121 from US$112 (Outperformer).</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p><p>Price: 138.52, Change: -0.48, Percent Change: -0.35</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1261432733.SGD","symbol_name":"Fidelity World A-ACC-SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2601804954","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2601804954","pubTimestamp":1767798078,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"CIBC Capital Markets lowered its price target on two companies and raised its target on three as it previewed earnings for the freight and waste sectors.In a report on Wednesday, analyst Kevin Chiang ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU2125910179.SGD":"Natixis Thematics Water H-R/A SGD","BK4016":"铁路","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","TFII":"TFI International Inc","LU2125910336.SGD":"Natixis Thematics Water R/A SGD","CP":"加拿大太平洋铁路","CNI":"加拿大国家铁路","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU1892829315.USD":"FIDELITY FUNDS SUSTAINABLE WATER & WASTE \"A\" (USD) ACC","LU1923621640.USD":"Natixis Thematics Water R/A USD","BK4120":"环境与设施服务","LU2360108059.USD":"BGF CIRCULAR ECONOMY \"A4\" (USD) INC","BK4585":"ETF&股票定投概念","LU2298321311.HKD":"BGF CIRCULAR ECONOMY \"A\" (HKDHDG) ACC","WCN":"Waste Connections Inc","LU2041044095.USD":"Blackrock Circular Economy A2 USD","LU2092937221.SGD":"Blackrock Circular Economy A2 SGD-H","BK4022":"陆运","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC","BK4232":"货物陆运","BK4588":"碎股"},"translate_title":"CIBC调整货运和垃圾股目标价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CP":0.9,"TFII":0.9,"CNI":0.9,"WCN":0.9},"content_text":"CIBC Capital Markets lowered its price target on two companies and raised its target on three as it previewed earnings for the freight and waste sectors.In a report on Wednesday, analyst Kevin Chiang reduced his target on Canadian National Railway Co. (CNR.TO, CNI) to $151 from $154 and on Waste Connections Inc. (WCN.TO, WCN) to US$208 from US$210, and maintained an Outperformer rating on both stocks.Chiang increased his target price on Canadian Pacific Kansas City Ltd. (CP.TO, CP) to $124 from $123 (Outperformer), Mullen Group Ltd. (MTL.TO) to $17 from $15 (Neutral), and TFI International Inc. (TFII.TO, TFII) to US$121 from US$112 (Outperformer).(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)Price: 138.52, Change: -0.48, Percent Change: -0.35","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2601804954","isCrawlerRequest":true}