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Fly News Breaks for July 21, 2017
UNP
Jul 21, 2017 | 08:50 EDT
Bernstein analyst David Vernon believes that the market is excessively focusing on Union Pacific's comments about continued "competitive pressures" in its coal and intermodal businesses. The analyst says the comments were "neither new nor particularly harsh" than previous quarters. He says that the market is ignoring the company's "strong fundamentals," and he keeps a $130 price target and an Outperform rating on the shares.
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UNP
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