The Globe and Mail reports in its Thursday, July 6, edition that following Canadian Pacific Kansas City's Investor Day event, Credit Suisse analyst Ariel Rosa raised his share target to $87 (U.S.) from $81 (U.S.) with a "neutral" recommendation. Analysts on average target the shares at $89.96 (U.S.). Mr. Rosa says in a note: "The company expects mid-single digit EPS growth in 2023, with double-digit annual EPS growth over 2024-28. We believe CPKC almost certainly has the best growth prospects among North American rails, but remain concerned about its valuation premium at 27.2 times EPS, well above peer CN at 21 times and U.S. rails average of 17.5 times." The Globe reported on June 23 that Scotia Capital analyst Konark Gupta had reaffirmed his "sector perform" recommendation for Canadian Pacific Kansas City. In the item, Mr. Gupta said he expected Canadian Pacific Kansas City to deliver a "solid" long-term outlook at its Investor Day event on June 28. The shares could then be had for $80.06 (U.S.).