5 Stocks Losing Ground on Monday

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In this article, we discuss the 5 stocks losing ground on Monday. If you want to see some more stocks declining today, go directly to 10 Stocks Losing Ground on Monday.

5. Canadian National Railway Company (NYSE:CNI)

Number of Hedge Fund Holders: 41

Shares of Canadian National Railway Company (NYSE:CNI) slipped over two percent this morning after receiving a downgrade from Evercore ISI. The research firm lowered its ratings for the freight transportation services provider from “Outperform” to “In Line.”

Evercore ISI analyst Jonathan Chappell said the recent volume growth trends of Canadian National Railway Company (NYSE:CNI)  have moved down. Chappell also thinks that the company’s full-year outlook range is slightly at risk. He has set a price target of $129 per share for Canadian National Railway Company (NYSE:CNI).

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