The Globe and Mail reports in its Friday, April 26, edition that National Bank Financial analyst Cameron Doerksen is upbeat on Canadian Pacific Kansas City's growth potential despite waiting for a better entry point into its shares. The Globe's David Leeder writes in the Eye On Equities column that Mr. Doerksen continues to rank CPKC "sector perform." Mr. Doerksen gave his share target a $2 trim to $119. Analysts on average target the shares at $124.29. Mr. Doerksen says in a note: "We believe CPKC deserves a premium multiple given its unique growth opportunities, but with the stock trading at 26.4 times our 2024 EPS forecast (peers at 19.9 times) and 22 times 2025 EPS (peers at 17.5 times), valuation is already baking in sizable growth. A labour disruption that could come later in May is also a near-term risk. ... CPKC maintains its 2024 outlook for double-digit EPS growth, noting that our updated forecast is for 2024 EPS growth of 11.8 per cent with consensus at 13.3 per cent. The current consensus for 2025 implies EPS growth of 19 per cent (NBF at 20 per cent) so an acceleration of volume growth driven by merger revenue synergies and an underlying improvement in freight markets is reflected in expectations."