Scotiabank analyst Konark Gupta downgrades Canadian National Railway (TSX:CNR) from Sector Outperform to Sector Perform and lowers the price target from C$172 to C$150.
Tesla’s Chinese Rivals Conquer Overseas Markets At Crazy Growth Rates As Domestic Sales Sputter: No Surprise Who’s Leading EV Chart
Chinese NEVs are finding eager buyers abroad, evidenced by the $11.1 billion worth of NEVs exported in the first quarter, an 18% year-on-year jump.