CNI stock faces Raymond James downgrade ahead of the Xetra open
Published on 10/20/2026 at 08:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and reporting date
- Raymond James lowered its CN rating and set a CAD 195.00 target on October 19, 2026.
- CN has scheduled third-quarter results for October 30, 2026.
- Canadian National Railway stock trades pre-market at EUR 107.13 at 8:11 a.m. CEST at Lang & Schwarz on October 20, 2026.
Raymond James downgraded Canadian National Railway from Outperform to Market Perform on October 19, 2026, according to a report carried by Markets Insider. At 8:11 a.m. CEST on October 20, 2026, Canadian National Railway stock trades pre-market at EUR 107.13 at Lang & Schwarz.
Rating change and target
The report said Raymond James reduced its target to CAD 195.00 from CAD 200.00. The analyst cited a preview of Canadian rail operators and pointed to moderation in grain and automotive, described as two of CN's strongest third-quarter growth engines.
Pre-market positioning
The indication is ahead of the Xetra open. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Canadian National Railway stock.
Business and scheduled results
CN's business centers on railroad operations that support freight supply chains. The company's investor-relations calendar lists third-quarter 2026 financial and operating results for October 30, 2026, at 8:30 a.m. ET, according to Canadian National Railway's investor-relations page. Market context: Market report S&P/TSX Composite.
