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UPDATE: Credit Suisse Reiterates On Union Pacific On Forecast Updates

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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

DateFirmActionFromTo
Oct 2018Credit SuisseMaintainsOutperformOutperform
Oct 2018TD SecuritiesDowngradesBuyHold
Oct 2018Morgan StanleyDowngradesEqual-WeightUnderweight

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Posted-In: Allison M. Landry Credit SuisseAnalyst Color Price Target Analyst Ratings

 

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