October 5, 2018 / 4:12 PM / 2 months ago

BUZZ-Canadian Pacific Railway: Up on UBS and NBC PT raise

** Canadian railway operator’s shares rise as much as 3.5 pct to a record of C$289.74

** UBS boosts PT by C$42 to C$325 and National Bank of Canada by C$17 to C$303 after company raises FY EPS forecast

** Co now expects FY EPS to grow 20 pct, compared with its earlier guidance of low double-digit growth

** Co expects shipment prices to rise 3-4 pct in next 18-24 months

** 16 of 20 brokerages rate the stock “buy” or higher, 4 “hold”; Median PT C$295.00

** Including Friday’s gains, stock has risen 24.8 pct YTD (Reporting by Debroop Roy in Bengaluru)

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