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Despite a harsh winter and a backlog of Canadian grain, one CICB analysts says investors should expect the rails to make up for the slow start in the year with higher volumes in the next quarter. BNN's Kristina Partsinevelos explains.
Despite a harsh winter and a backlog of Canadian grain, one CICB analysts says investors should expect the rails to make up for the slow start in the year with higher volumes in the next quarter. BNN's Kristina Partsinevelos explains.
(BNN Video)

Thursday's analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions. This file will be updated during the trading day. For breaking analyst actions prior to market open every day, read our Before the Bell morning report.

Federal legislation aimed at clearing the massive grain backlog in Western Canada is good news for farmers, but it’s bad news for the country’s two main railroads, which face new regulations, higher costs and possible market loss to U.S. rivals, an analyst says.