UBS lifts Union Pacific rating to 'buy', sees strong volume growth
UNP•Merger review seen as uncertain
UBS says the proposed Union Pacific-Norfolk Southern merger faces a challenging regulatory review process with an uncertain outcome.
18 of 27 brokerages rate the stock "buy" or higher, while nine rate it "hold"; the median price target is $337, according to data compiled by LSEG.
Including the session's move, shares are up 22.4% year to date.
Intermodal volume and pricing tailwinds cited
UBS says Union Pacific should benefit from strong 2027 volume growth and a stronger pricing tailwind.
The company's intermodal volumes could grow 6%-7% in 2027, driven by strong volume momentum and favorable truckload pricing trends, UBS says.
UBS upgrades Union Pacific on volume growth outlook
UBS upgrades rating on U.S. railroad operator Union Pacific UNP.N to "buy" from "neutral", and raises its price target to from .
