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Teamsters Canada says railway service along a line in British Columbia’s southern Interior is about to resume thanks to a deal with Canadian National.
Teamsters Canada says railway service along a line in British Columbia’s southern Interior is about to resume thanks to a deal with Canadian National.
(Christinne Muschi For The Globe and Mail)

A downgrade for CN Rail

Inside the Market’s roundup of some of Wednesday’s key analyst actions. For breaking analyst actions prior to market open every day, read our Before the Bell morning report.

Even though North American rail traffic has been grinding higher over the last few months, Raymond James analyst Steve Hansen downgraded Canadian National Railway Ltd. to "market perform" from "outperform" due to the stock's recent strong share price performance.