Stifel Upgrades Union Pacific to Buy, Raises Price Target to $267
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Nolan upgrades Union Pacific (NYSE:UNP) from Hold to Buy and increases the price target from $248 to $267, indicating a positive outlook on the company's stock.
May 03, 2024 | 9:47 am
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Union Pacific upgraded to Buy from Hold by Stifel, with a price target increase from $248 to $267, suggesting a bullish view on the stock.
The upgrade from Hold to Buy by a reputable analyst at Stifel, along with a significant increase in the price target, is a strong positive signal for Union Pacific's stock. This suggests confidence in the company's future performance and potential for stock price appreciation, likely leading to increased investor interest and potentially higher stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100