Citigroup Initiates Coverage On Union Pacific with Neutral Rating, Announces Price Target of $264
Portfolio Pulse from Benzinga Newsdesk
Citigroup has initiated coverage on Union Pacific with a Neutral rating and set a price target of $264.
October 09, 2024 | 2:26 pm
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NEUTRAL IMPACT
Citigroup analyst Ariel Rosa has initiated coverage on Union Pacific with a Neutral rating and a price target of $264, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Citigroup does not foresee significant upside or downside in the short term for Union Pacific. The price target of $264 provides a benchmark for investors, but the neutral stance indicates a balanced risk-reward scenario.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100