On Oct 25, major Wall Street analysts update their ratings for $Union Pacific (UNP.US)$, with price targets ranging from $252 to $283.
BofA Securities analyst Ken Hoexter maintains with a buy rating, and adjusts the target price from $270 to $260.
Barclays analyst Brandon Oglenski maintains with a buy rating, and adjusts the target price from $280 to $275.
Wells Fargo analyst Christian Wetherbee maintains with a buy rating, and maintains the target price at $255.
TD Cowen analyst Jason Seidl maintains with a buy rating, and maintains the target price at $252.
Baird analyst Garrett Holland maintains with a buy rating, and adjusts the target price from $270 to $260.
Furthermore, according to the comprehensive report, the opinions of $Union Pacific (UNP.US)$'s main analysts recently are as follows:
The company's Q4 outlook fell short of the consensus, which has led to a decrease in its share price, yet the long-term value proposition of the stock remains intact according to the analyst.
Union Pacific's recent quarterly outcomes show an ongoing influence from strong Intermodal expansion, with lower rated International volumes experiencing a 33% increase compared to the same quarter last year. Additionally, the company's CFO has indicated an expectation for Q4 results to align with Q3, which could pertain to a range of financial metrics including revenue, operating income, operating ratio, and earnings per share. This has resulted in a revised expectation for Q4 revenue growth to be marginally under 1% year-over-year.
Union Pacific's third-quarter performance was in alignment with expectations, though it did not quite meet the consensus. Moreover, the guidance for the fourth quarter was projected to be approximately 5% lower than the market predictions.
Union Pacific's Q3 outcomes fell short of forecasts, with a subsequent downward guidance for Q4. Despite the stock's decline, it's noted that the company is advancing notably in enhancing its operating productivity.
Challenges in fuel and labor are influencing the outlook for Q4, and there is anticipation of these risks continuing into the first half of 2025. It is expected that the company's shares may underperform in the near-term.
Here are the latest investment ratings and price targets for $Union Pacific (UNP.US)$ from 10 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
