Industry Newstransportation railroadsunion pacificanalyst ratings
Analysts Lift Union Pacific Price Targets
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Bank of America and Jefferies raised price targets on Union Pacific in early March, with BofA lifting its target to $297 from $266 on March 4 and Jefferies raising its to $300 from $285 on March 2, both retaining Buy ratings. Jefferies described transportation networks as 'HALO' assets for their long-lived, hard-to-replace infrastructure, saying strong operating metrics suggest a possible industrial-economy inflection supporting UNP's outlook.
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