Susquehanna raised the firm’s price target on Union Pacific to $270 from $255 and keeps a Neutral rating on the shares. The firm said they are delivering on the productivity and margin promise that drove shares up 10% the day of Jim Vena’s hiring, and they’re raising our estimates and target price to reflect this.
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Read More on UNP:
- North American rail traffic up 1.3% for the week ending April 20
- Union Pacific named short-term buy idea at Deutsche Bank
- North American rail traffic up 1.4% for the week ending April 13
- Union Pacific put volume heavy and directionally bearish
- Union Pacific price target raised to $248 from $231 at Stifel
