Union Pacific (UNP) PT Raised to $196 at Stephens
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Go back to Union Pacific (UNP) PT Raised to $196 at Stephens
July 23, 2020 1:37 PM EDT
Cowen analyst Jason H. Seidl raised the price target on Union Pacific (NYSE: UNP) to $193.00 (from $169.00) while maintaining an Outperform rating.
The analyst commented, "Cost reduction efforts led to a 2Q EPS beat even after removing a real estate sale, though... More
July 23, 2020 8:23 AM EDT
(Reuters) - Union Pacific Corp (NYSE: UNP) on Thursday signaled caution on the U.S. economic recovery as a spike in COVID-19 infections forces cities and states to backtrack on plans to reopen businesses that were shuttered to contain the pandemic.
Shares fell 2.4% to $175.04 in early trading after the largest publicly held U.S. railroad operator warned that it expects 2020 carload volumes to be down about 10% versus last year.
While... More
July 23, 2020 8:03 AM EDT
Union Pacific (NYSE: UNP) reported Q2 EPS of $1.67, $0.12 better than the analyst estimate of $1.55. Revenue for the quarter came in at $4.24 billion versus the consensus estimate of $4.37 billion.
Second Quarter Summary
Operating revenue of $4.2 billion was down 24 percent in second quarter 2020, compared to second quarter 2019. Second quarter business volumes, as measured by total revenue carloads, decreased 20 percent compared to 2019. Volumes for all three business teams bulk, industrial, and premium declined in the quarter due to the deteriorating...
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July 22, 2020 7:02 AM EDT
Baird analyst Benjamin J. Hartford raised the price target on Union Pacific (NYSE: UNP) to $189.00 (from $170.00) while maintaining a Neutral rating.... More
