The Globe and Mail reports in its Friday, June 23, edition that Scotia Capital analyst Konark Gupta has reaffirmed his "sector perform" recommendation for Canadian Pacific Kansas City. The Globe's David Leeder writes that Mr. Gupta gave his share target a $2 boost to $124. Analysts on average target the shares at $118.34. Mr. Gupta expects Canadian Pacific Kansas City to deliver a "solid" long-term outlook at its Investor Day event on June 28. Mr. Gupta says in a note: "This is CPKC's first investor day since 2018 (premerger) and Keith Creel's second as CEO. It will indeed be an important event for railroad investors given CP assumed control of KCS on April 14, 2023, but it will also be relevant to broader freight/macro investors because we believe CPKC has potential to make a positive impact on North America as the only single-line railroad connecting the continent. From a stock perspective, we will primarily focus on long-term EPS outlook, shareholder returns, and updates on integration/synergies -- but reshoring and regulatory environment in Mexico will also be equally important. ... We expect CPKC to offer industry-leading double-digit EPS CAGR [compound annual growth rate] over the next five years."