UPDATE: Credit Suisse Reiterates On Union Pacific On Forecast Updates
In a report published Monday, Credit Suisse analyst Allison M. Landry reiterated an Outperform rating on Union Pacific (NYSE: UNP), and raised the price target from $115.00 to $119.00.
In the report, Credit Suisse noted, “We have raised our FY14 EPS forecast to $5.59 from $5.56. We have also raised our FY15 and FY16 EPS estimates to $6.54 and $7.46 from $6.48 and $7.38, respectively. Our TP rises to $119 from $115, primarily due to a higher base year EBIT. Reiterate Outperform.”
Union Pacific closed on Friday at $101.99.
Latest Ratings for UNP
|Oct 2016||RBC Capital||Downgrades||Outperform||Sector Perform|
|Oct 2016||Cowen & Co.||Downgrades||Outperform||Market Perform|
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.