On July 17, Canadian National Railway rose 3.01% in regular trading, trading at $127.64/share with turnover of $69.19 million, breaking through prior highs to reach a new record level.

The rally was driven by broad-based strength across the railroad sector, with Union Pacific up 3.69%, Norfolk Southern up 3.17%, CSX Corp up 2.84%, and Canadian Pacific Kansas City up 2.61%, reflecting clear sector-wide momentum. Additionally, the company recently reported record June grain movement of 2.67 million metric tonnes across its network, marking a new single-month high. This follows consecutive monthly grain records in March, April, and May, underscoring sustained operational excellence. Citi recently raised its price target on the stock to $141 from $124, while Evercore ISI upgraded the stock to Outperform with a $124 target. The market is also positioning ahead of the next earnings release on July 24, with consensus EPS expectations of $1.39.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)