UBS Maintains Neutral on Union Pacific, Raises Price Target to $248
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Thomas Wadewitz has maintained a Neutral rating on Union Pacific (NYSE:UNP) and increased the price target from $235 to $248.
January 26, 2024 | 5:10 pm
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POSITIVE IMPACT
UBS has maintained a Neutral rating on Union Pacific but raised the price target from $235 to $248, indicating a potential upside based on their analysis.
The increase in price target by UBS suggests that the analyst sees potential for Union Pacific's stock price to rise, which could positively influence investor sentiment in the short term. However, the Neutral rating indicates that the analyst does not see significant catalysts for a more aggressive investment stance, thus the impact may be moderate.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100