RBC Capital Maintains Outperform on Union Pacific, Raises Price Target to $288
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has maintained its 'Outperform' rating on Union Pacific and increased the price target from $275 to $288, indicating confidence in the company's future performance.
September 30, 2024 | 5:16 pm
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RBC Capital has reaffirmed its 'Outperform' rating for Union Pacific and increased the price target from $275 to $288, suggesting a positive outlook for the company's stock.
The increase in price target from $275 to $288 by RBC Capital indicates a positive outlook for Union Pacific's stock. The 'Outperform' rating suggests that the analyst expects the stock to perform better than the market average. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100