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Fly News Breaks for January 8, 2019
UNP
Jan 8, 2019 | 07:46 EDT
Cowen analyst Jason Seidl upgraded Union Pacific to Outperform from Market Perform following the announcement of the hiring of Jim Vena as COO. The analyst said the hire gives him more confidence in the company's ability to successfully implement its version of Precision Scheduled Railroading and he expects the results to meaningfully take hold in the second half of 2019. Seidl raised his price target to $178 from $153 on Union Pacific shares.
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