Railroad operator Union Pacific Corporation (
) on Thursday saw its price target raised by analysts at Barclays
The firm said it lifted its price target on UNP from $94 to
$110. That new target implies a 12% upside to the stock's Wednesday
closing price of $98.08. Barclays noted that higher grain exports
should add to earnings this year, and maintained its "Equal Weight"
rating on the stock.
Union Pacific shares rose 40 cents, or +0.4%, in premarket
The Bottom Line
We have been recommending shares of Union Pacific (
) since Jan.3, 2011, when the stock was trading at $92.66. The
company has a 1.55% dividend yield, based on last night's closing
stock price of $98.08.
Union Pacific Corporation (
) is a "Recommended" dividend stock, holding a Dividend.com DARS™
Rating of 3.5 out of 5 stars.
Be sure to visit our complete recommended list of the
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, as well as a detailed explanation of
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