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Canadian Pacific Kansas City Limited (NYSE:CP) is one of the 9 Best Stocks to Buy in Chris Hohn's TCI Fund Portfolio.

On June 24, 2026, Canadian Pacific Kansas City Limited (NYSE:CP) saw a rise in its price target from RBC Capital. The stock that accounts for approximately 8% of Chris Hohn's TCI Fund Portfolio saw its price target raised from C$127 to C$139. RBC Capital maintained an Outperform rating on the shares. The firm has been revising the estimates for Class I railroads while previewing the Q2 results. RBC Capital remains positive on the company as a "best-in-class railroad" ahead of a transformative acquisition. The firm's analyst further noted that the Kansas City deal is likely to be a significant catalyst for notable growth and a material upward valuation re-rate.

In contrast, on June 25, 2026, Evercore ISI lowered the price target on Canadian Pacific Kansas City Limited (NYSE:CP) from $92 to $91 and kept an Outperform rating on the company's stock. According to the firm's analyst, the Class I railroads are expected to deliver second-quarter earnings beats and raise outlooks, driven by accelerating volume growth throughout the period.

Founded in 1881, Canadian Pacific Kansas City Limited (NYSE:CP) is a transnational transport titan. Headquartered in Canada, the company provides rail freight transportation services linking Canada, the U.S., and Mexico.

While we acknowledge the potential of CP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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