B of A Securities Maintains Buy on Union Pacific, Lowers Price Target to $257
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 $265 to $257.

September 25, 2023 | 1:48 pm
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NEUTRAL IMPACT
Union Pacific's price target has been lowered from $265 to $257 by B of A Securities, though the Buy rating is maintained.
The news is directly about Union Pacific. The lowering of the price target might indicate a slightly less optimistic outlook for the company's stock, but the maintained Buy rating suggests that the analyst still sees potential for the stock to perform well. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100