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Union Pacific price target lowered to $260 from $285 at Barclays

Barclays lowered the firm’s price target on Union Pacific (UNP) to $260 from $285 and keeps an Overweight rating on the shares. The company’s Q1 was soft of “relatively bullish expectations, but all eyes are on a deteriorating” trans-Pacific trade lane that could offset commercial growth initiatives at Union Pacific in 2025, the analyst tells investors in a research note.

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