Union Pacific To Rally Over 11%? Here Are 10 Other Analyst Forecasts For Wednesday

• Keybanc raised the price target for Reliance Steel & Aluminum Co. RS from $225 to $235. Keybanc analyst Philip Gibbs maintained an Overweight rating. Reliance Steel shares fell 0.2% to close at $215.79 on Tuesday.
• Raymond James boosted the price target for Avery Dennison Corporation AVY from $190 to $205. Raymond James analyst Sam Darkatsh maintained an Outperform rating. Avery Dennison shares fell 1% to close at $189.90 on Tuesday.
• Goldman Sachs increased the price target for Philip Morris International Inc. PM from $95 to $120. Goldman Sachs analyst Bonnie Herzog upgraded the stock from Neutral to Buy. Philip Morris shares rose 0.9% to $102.20 in pre-market trading.
• Piper Sandler cut the price target for SmartFinancial, Inc. SMBK from $34 to $28. Piper Sandler analyst Stephen Scouten downgraded the stock from Overweight to Neutral. SmartFinancial shares gained 0.8% to close at $27.34 on Tuesday.
• Goldman Sachs raised Union Pacific Corporation UNP price target from $219 to $225. Goldman Sachs analyst Jordan Alliger maintained a Buy rating on the stock. Union Pacific shares fell 0.3% to $202.50 in pre-market trading.
• Atlantic Equities boosted Johnson & Johnson JNJ price target from $160 to $168. Atlantic Equities analyst Steve Chesney maintained a Neutral rating. Johnson & Johnson shares fell 0.4% to $167.71 in pre-market trading.
• JP Morgan cut Zions Bancorporation ZION price target from $49 to $46. JP Morgan analyst Steven Alexopoulos downgraded the stock from Neutral to Underweight. Zions Bancorporation shares fell 0.8% to $51.35 in pre-market trading.
• BMO Capital cut Bloomin' Brands, Inc. BLMN price target from $29 to $26. BMO Capital analyst Andrew Strelzik downgraded the stock from Outperform to Market Perform. Bloomin' Brands shares dropped 3.4% to $22.60 in pre-market trading.
• Wolfe Research cut Microsoft Corporation MSFT price target from $280 to $265. Wolfe Research analyst Alex Zukin maintained an Outperform rating. Microsoft shares fell 2.8% to $235.38 in pre-market trading.
• Needham lowered F5, Inc. FFIV price target from $200 to $175. Needham analyst Alex Henderson maintained a Buy rating on the stock. F5 shares fell 4.8% to $139.45 in pre-market trading.
• Berenberg lowered Seagen Inc. SGEN price target from $183 to $170. Berenberg analyst Shanshan Xu maintained a Buy rating. Seagen shares rose 2.5% to close at $136.85 on Tuesday.

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