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Fly News Breaks for June 1, 2018
UNP
Jun 1, 2018 | 07:23 EDT
Deutsche Bank analyst Amit Mehrotra raised his price target for Union Pacific to $178 after attending the company's analyst day. The most important takeaway is that the company is targeting $20B in share repurchases through 2020 and guided dividend payout ratio that implies a dividend of $4.38 per share in 2020, which is 50% above current dividend, Mehrotra tells investors in a research note. He keeps a Buy rating on the shares.
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."
