Wells Fargo Initiates Coverage On Union Pacific with Overweight Rating, Announces Price Target of $270
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Union Pacific (NYSE:UNP) with an Overweight rating and a price target of $270, as announced by analyst Christian Wetherbee.
June 07, 2024 | 2:09 pm
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Wells Fargo has initiated coverage on Union Pacific with an Overweight rating and a price target of $270, indicating a positive outlook for the stock.
The Overweight rating and a price target of $270 from a reputable institution like Wells Fargo suggest a positive short-term impact on Union Pacific's stock price. Investors are likely to view this as a strong endorsement, potentially driving the stock price up.
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