Barclays lowered the firm’s price target on Union Pacific (UNP) to $275 from $280 and keeps an Overweight rating on the shares. The company’s Q4 outlook was below consensus, driving share price underperformance, but there is still long-term value in the stock, the analyst tells investors in a research note.
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Read More on UNP:
- Union Pacific price target lowered to $260 from $270 at BofA
- Union Pacific expects Q4 results to be consistent with Q3
- Union Pacific reports Q3 EPS $2.75, consensus $2.78
- North American rail traffic down down 0.6% for the week ending October 19
- UNP Earnings Report this Week: Is It a Buy, Ahead of Earnings?