Union Pacific price target lowered to $260 from $270 at Baird
The Fly

Union Pacific price target lowered to $260 from $270 at Baird

Baird lowered the firm’s price target on Union Pacific (UNP) to $260 from $270 and keeps an Outperform rating on the shares. The firm said mix headwinds pressured Q3 results, and the outlook for consistent trends sequentially in Q4 weighed on estimates, but Baird would be buyers on the wekness calling it a higher quality cyclical.

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