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Fly News Breaks for October 18, 2019
UNP
Oct 18, 2019 | 06:46 EDT
BMO Capital analyst Fadi Chamoun lowered his price target on Union Pacific to $188 but kept his Outperform rating after its Q3 results. The analyst notes that whiles its earnings disappointed and operating ratio decline, the miss was driven by the weaker demand environment. Chamoun believes that the company is still making "strong progress" on the operating side and has a "significant runway" for more improvement, positioning it to expand margins when demand recovers.
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."
