- Seaport Global Securities cuts its rating on Kansas City Southern (NYSE:KSU) to Neutral from Accumulate on concerns over the impact of trade policies amid NAFTA renegotiation.
- The investment firm sets a price target of $90 on the railroad stock vs. Friday's $87.91 close.
- KSU tracked almost 5% higher last week off some M&A buzz in the sector and the company's Q4 earnings report.
- Previously: Weak peso whacks results at Kansas City Southern (Jan. 20)