RE: BMO changes 12months price target on CP As usual, the analysts can't stand the heat... They rise their target price chasing the stock price... However you can be sure that they are stretching their models as much as possible and still can't get to the current price... Usually target price are 10%-20% above market price... For CP it's the other way around... But no brokerage is bold enough to upset CP with a Sell recommendation... When a large shareholder decides to pull the trigger the stock will cascade down... Same old dance...
orepass