These Analysts Revise Price Targets On Union Pacific After Q1 Results

Union Pacific Corporation UNP reported results for its first quarter on Thursday.

Union Pacific reported first-quarter FY23 operating revenue growth of 3.3% year-over-year to $6.06 billion, missing the consensus of $6.07 billion. Adjusted EPS of $2.54 missed the consensus of $2.59.

Union Pacific shares gained 0.3% to close at $202.60 on Thursday.

These analysts made changes to their price targets on Union Pacific following earnings announcement.

• Susquehanna cut the price target on Union Pacific from $203 to $202. Susquehanna analyst Bascome Majors maintained a Neutral rating.
• UBS raised the price target on Union Pacific from $210 to $212. UBS analyst Thomas Wadewitz maintained the stock with a Neutral rating.
• Morgan Stanley slashed the price target on Union Pacific from $176 to $171. Morgan Stanley analyst Ravi Shanker maintained the stock with an Equal-Weight.

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