Credit Suisse analyst Allison Landry said Union Pacific did not provide much substantive detail about how it will execute its rollout of Precision Scheduled Railroading, but investors are already well versed on the potential EPS power of the PSR model. While it may take evidence of initial execution before the market give Union Pacific credit for any OR improvement beyond its current target of 60% by 2020, Landry sees reason to believe that it may show early progress. She raised her price target on Union Pacific to $185 from $167 given her expectations for a slightly faster 3-5 year EBIT growth rate and keeps an Outperform rating on the shares.