Raymond James analyst Patrick Tyler Brown lowered the firm’s price target on Union Pacific (UNP) to $258 from $260 and keeps a Strong Buy rating on the shares. Raymond James likes Union Pacific’s renewed focus on driving service quality and growth, and thinks network changes will yield a more profitable and reliable network by spinning assets faster and adhering to a tighter transportation plan, the analyst tells investors in a research note.
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Read More on UNP:
- Union Pacific price target lowered to $265 from $270 at BMO Capital
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