Union Pacific cuts volume growth forecast on worker shortage, intermodal weakness

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Union Pacific (UNP) PT Lowered to $250 at BMO Capital

October 20, 2022 1:44 PM EDT

BMO Capital analyst Fadi Chamoun lowered the price target on Union Pacific (NYSE: UNP) to $250.00 (from $260.00) while maintaining an Outperform rating following results.

The analyst commented, "UNP's Q3/22 results were modestly below our expectations and F2022 outlook was lowered. This... More