The Globe and Mail reports in its Friday, Jan. 30, edition that Desjardins Securities analyst Benoit Poirier is keeping his "buy" call and $130 share target on Canadian Pacific Kansas City intact. The Globe's Darcy Keith writes in the Eye On Equities column that analysts on average target the shares at $121.45. Mr. Poirier says in a note: "After bearish macro commentary from CSX and UNP reset expectations lower, investors should be more than satisfied with CPKC guiding to industry-leading low-double-digit EPS growth despite macro weakness and tariff headwinds. Additional positives include greater buyback capacity (5 per cent of shares outstanding vs 4 per cent completed in 2025) and cash flow upside from lower-than-expected capex. Overall, CPKC continues to deliver best-in-class results in a challenging environment." The Globe reported on Dec. 12 and Jan. 13 that Mr. Poirier continued to rate CPKC "buy." The shares could then be had for $103.36 and $98.04.
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