Fly News Breaks for July 6, 2015
UNP
Jul 6, 2015 | 06:29 EDT
As previously reported, Cowen upgraded Union Pacific to Outperform with a $111 price target. The firm lowered estimate to reflect weakness but believes downside is limited following nearly a 19% pullback year-to-date. Cowen expects traffic to begin to stabilize in 2H and tighter capacity and lower oil prices is enhancing the company's ability to push through base rate increases.
News For UNP From the Last 2 Days