Raymond James Reiterates Strong Buy on Union Pacific, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown has reiterated a Strong Buy rating on Union Pacific (NYSE:UNP) and increased the price target from $275 to $280.
April 26, 2024 | 5:44 pm
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POSITIVE IMPACT
Union Pacific's Strong Buy rating reaffirmed by Raymond James, with a price target increase from $275 to $280.
The reiteration of a Strong Buy rating combined with an increased price target typically signals a positive outlook on the stock from the analyst's perspective. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100