Baird Upgrades Union Pacific (UNP), Raises Price Target to $311

Baird has upgraded Union Pacific (UNP) from Neutral to Outperform, with analyst Daniel Moore raising the price target to $311 from $239, a significant 30.13% increase. This upgrade indicates strong confidence in UNP’s future performance, contrasting with some mixed past analyst reviews. Union Pacific is North America’s largest public railroad, with operations across 30,000 miles of track in the western US and significant revenue from hauling various goods.