JP Morgan Maintains Neutral on Union Pacific, Raises Price Target to $243
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has maintained a Neutral rating on Union Pacific (NYSE:UNP) and increased the price target from $237 to $243.
April 09, 2024 | 12:50 pm
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JP Morgan has maintained a Neutral rating on Union Pacific and raised the price target from $237 to $243.
The increase in the price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to a short-term increase in its price. However, the Neutral rating indicates that the analyst does not see significant long-term growth or decline, tempering expectations for a dramatic price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100