Downgrades Buy Sell X

CP Canadian Pacific Kansas City Ltd.

Loop Capital

Upgrades Peer Perform Outperform X

CP Canadian Pacific Kansas City Ltd.

Wolfe Research

$86

Upgrades Eq-Weight Overweight X

CP Canadian Pacific Kansas City Ltd.

Stephens

$88

Upgrades Neutral Positive X

CP Canadian Pacific Kansas City Ltd.

Susquehanna

$92

Initiated Buy X

CP Canadian Pacific Kansas City Ltd.

Citigroup

$97

Upgrades Sec Perform Sec Outperform X

CP Canadian Pacific Kansas City Ltd.

Scotiabank

Initiated Overweight X

CP Canadian Pacific Kansas City Ltd.

Wells Fargo

$90

Initiated Buy X

CP Canadian Pacific

Jefferies

$105

Downgrades Sec Outperform Sec Perform X

CP Canadian Pacific

Scotiabank

Downgrades Positive Neutral X

CP Canadian Pacific

Susquehanna

Downgrades Buy Hold X

CP Canadian Pacific

TD Securities

Downgrades Buy Hold X

CP Canadian Pacific

Deutsche Bank

$85 $77

Upgrades Mkt Perform Outperform X

CP Canadian Pacific

Raymond James

Resumed Equal-Weight X

CP Canadian Pacific

Morgan Stanley

$1000

Upgrades Hold Buy X

CP Canadian Pacific

Argus

$92

Resumed Outperform X

CP Canadian Pacific

BMO Capital Markets

Upgrades Sec Perform Sec Outperform X

CP Canadian Pacific

Scotiabank

Upgrades Hold Buy X

CP Canadian Pacific

Deutsche Bank

$80 $98

Upgrades Neutral Buy X

CP Canadian Pacific

BofA Securities

$85 $87

Downgrades Sec Outperform Sec Perform X

CP Canadian Pacific

Scotiabank

Initiated Neutral X

CP Canadian Pacific

Credit Suisse

$74

Downgrades Buy Neutral X

CP Canadian Pacific

BofA Securities

$81

Resumed Overweight X

CP Canadian Pacific

JP Morgan

Downgrades Outperform Mkt Perform X

CP Canadian Pacific

Raymond James

Upgrades Neutral Positive X

CP Canadian Pacific

Susquehanna

$73 $87

Initiated Overweight X

CP Canadian Pacific

Atlantic Equities

Resumed Hold X

CP Canadian Pacific

Stifel

$80

Resumed In-line X

CP Canadian Pacific

Evercore ISI

$83

Upgrades Eq Weight Overweight X

CP Canadian Pacific

Barclays

$390 $440

Upgrades Sec Perform Outperform X

CP Canadian Pacific

National Bank Financial

Downgrades Outperform In-line X

CP Canadian Pacific

Evercore ISI

Upgrades Hold Buy X

CP Canadian Pacific

Desjardins

Downgrades Sec Outperform Sec Perform X

CP Canadian Pacific

Scotiabank

Downgrades Strong Buy Outperform X

CP Canadian Pacific

Raymond James

Initiated Neutral X

CP Canadian Pacific

Goldman

Downgrades Buy Hold X

CP Canadian Pacific

Loop Capital

Downgrades Outperform Peer Perform X

CP Canadian Pacific

Wolfe Research

Downgrades Outperform Sec Perform X

CP Canadian Pacific

National Bank Financial

Downgrades Outperform Mkt Perform X

CP Canadian Pacific

Bernstein

$211

Upgrades Sec Perform Outperform X

CP Canadian Pacific

National Bank Financial

Upgrades Hold Buy X

CP Canadian Pacific

Stifel

Reiterated Outperform X

CP Canadian Pacific

Cowen

$225 $236

Upgrades Hold Buy X

CP Canadian Pacific

TD Securities

Upgrades Peer Perform Outperform X

CP Canadian Pacific

Wolfe Research

Upgrades Outperform Strong Buy X

CP Canadian Pacific

Raymond James

Resumed Hold X

CP Canadian Pacific

Stifel

$201

Reiterated Outperform X

CP Canadian Pacific

Cowen

$207 $209

Upgrades Neutral Buy X

CP Canadian Pacific

Goldman

CP  Canadian Pacific Railway Limited

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The Company operates through rail transportation segment. The Company's transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles. Its railway feeds directly into the United States heartland from the east and west coasts. Its Bulk commodities include grain, coal, potash, fertilizers and sulfur. Its Merchandise freight consists of finished vehicles and machinery, as well as forest and industrial and consumer products. Its Intermodal traffic consists of retail goods in overseas containers that can be transported by train, ship and truck and in domestic containers and trailers that can be moved by train and truck. Its subsidiaries include Canadian Pacific Railway Company, Soo Line Railroad Company, Delaware and Hudson Railway Company, Inc. and Mount Stephen Properties Inc.