JP Morgan Maintains Neutral on Union Pacific, Lowers Price Target to $239
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has maintained a Neutral rating on Union Pacific (NYSE:UNP) but has lowered the price target from $240 to $239.
January 09, 2024 | 2:44 pm
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NEUTRAL IMPACT
Union Pacific's price target has been lowered from $240 to $239 by JP Morgan, while maintaining a Neutral rating.
The price target adjustment by JP Morgan is minimal, suggesting only a slight change in valuation perspective. As the rating remains Neutral, the impact on the stock price is likely to be limited in the short term. The high relevance is due to the direct mention of Union Pacific, while the importance is moderate because the price target change is marginal. The confidence level is high as the information comes from a reputable financial institution.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100