Union Pacific Cut from Bank of America’s “Most Attractive” List (UNP)


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Railroad operator Union Pacific Corporation ( UNP ) on Monday saw its shares removed from Bank of America's "Most Attractive" Buy List.

The firm said it's making its list most defensive amid the current market volatility. Additionally, Bank of American was spooked by the fact that the transports suffered another pricing breakdown.

Union Pacific shares were unchanged in premarket trading Monday.

The Bottom Line
Shares of Union Pacific ( UNP ) have a 2.22% dividend yield, based on Friday's closing stock price of $85.69. The stock has technical support in the $80 price area. If the shares can firm up, we see overhead resistance around the $90-$92 price levels.

Union Pacific Corporation ( UNP ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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