Union Pacific (UNP) Reiterated at Market Outperform by Citizens as Norfolk Southern Merger Apace

Citizens analyst Jeff Kauffman reiterated a Market Outperform rating and $350.00 price target on Union Pacific (NYSE: UNP).

The analyst commented, "UNP continues to make progress with its application to merge with the Norfolk Southern. Last month, the STB resumed the consideration timeline, ruled against motions to stop the process, and is on track to have a decision in the third quarter of 2027. The next deadline is November 18, where parties looking to comment on the proposed merger must submit their documents to regulators. We note that since the announcement, EPS estimates for both companies have increased."

For an analyst ratings summary and ratings history on Union Pacific click here. For more ratings news on Union Pacific click here.

Shares of Union Pacific closed at $298.09 yesterday.

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