# Friday’s analyst upgrades and downgrades  - The Globe and Mail

> Desjardins analyst Benoit Poirier raised confidence that CN and CPKC will hit annual guidance but cut profitability estimates on cold-weather cost pressure. He expects neither railroad to raise guidance given potential labour issues ahead. The note also highlights stronger-than-expected intermodal volumes.

- Date: 2024-04-12 · published 2024-04-12T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/30764-friday-s-analyst-upgrades-and-downgrades-the-globe-and-mail
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

This is equity analyst commentary on railway earnings with no new supply or demand change for feed commodities, so it has no meaningful price implication.

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/investing/markets/inside-the-market/article-fridays-analyst-upgrades-and-downgrades-for-april-12/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.