The Globe and Mail reports in its Friday, July 7, edition that Desjardins Securities analyst Benoit Poirier has reaffirmed his "buy" recommendation for Canadian National Railway. The Globe's David Leeder writes in the Eye On Equities column that Mr. Poirier gave his share target a $4 boost to $184. Analysts on average target the shares at $165.53. Mr. Poirier says in a note: "Do not let short-term weakness scare you away -- we like CN and CPKC over the next four years as both offer shareholder value creation opportunities with limited downside and are beacons of safety in a volatile world. In our view, CN's shares now offer a slightly greater long-term return (12.3 per cent vs 12-per-cent four-year CAGR), but CP's shares likely have more upside potential given the growth opportunities in Mexico. ... We derive a $256 per share target for 2028, which represents a 12.3-per-cent four-year CAGR over today's stock price. Following the positive comments from CN management at the investor day, our increased confidence in the changes implemented by Ms Robinson, the progress in the company's operations and the appointment of Mr. Harris as COO, we believe the company is now in the right hands."