B of A Securities Maintains Buy on Union Pacific, Lowers Price Target to $237
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter maintains a Buy rating on Union Pacific (NYSE:UNP) but lowers the price target from $247 to $237.
July 11, 2023 | 2:46 pm
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Union Pacific's price target has been lowered from $247 to $237 by B of A Securities, though the Buy rating is maintained.
The lowering of the price target by B of A Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Buy rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100