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Fly News Breaks for July 24, 2015
UNP
Jul 24, 2015 | 07:56 EDT
After Union Pacific reported higher than expected EPS but lower than expected revenue, RBC Capital thinks that the stock may come under pressure due to short-term challenges. However, the firm is upbeat on the company's longer term outlook due to what it sees as the company's very attractive track network, appealing product mix and balance on its lines. RBC believes that pressure on the stock would create a buying opportunity for longer term investors. It trimmed its price target to $105 from $117 but keeps an Outperform rating.
News For UNP From the Last 2 Days
UNP
Apr 25, 2024 | 07:49 EDT
UNP
Apr 25, 2024 | 07:48 EDT
Reports Q1 revenue $6.03B, consensus $5.98B. "Our team delivered strong financial results in the first quarter as we navigated a challenging freight market and normal winter conditions," said Jim Vena, Union Pacific CEO. "These results build on the momentum we established as we exited 2023 and provide further proof of what's possible as we strive to be the best in safety, service, and operational excellence. This is a great start to the year, but we understand there's work to be done to achieve our goals and meet our stakeholders' expectations."
