Cowen & Co. Believes Union Pacific (UNP) Won’t Stop Here


Cowen & Co. analyst Jason Seidl maintained a Buy rating on Union Pacific (UNP) on October 9 and set a price target of $215.00. The company’s shares closed last Friday at $209.85, close to its 52-week high of $210.95.

According to TipRanks.com, Seidl is a top 100 analyst with an average return of 19.6% and a 75.7% success rate. Seidl covers the Industrial Goods sector, focusing on stocks such as Covenant Logistics Group, Expeditors International, and Echo Global Logistics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Union Pacific with a $204.16 average price target, which is a -2.5% downside from current levels. In a report issued on September 24, Benchmark Co. also maintained a Buy rating on the stock with a $220.00 price target.

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The company has a one-year high of $210.95 and a one-year low of $105.08. Currently, Union Pacific has an average volume of 2.6M.

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Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co., operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal. The company was founded in 1969 and is headquartered in Omaha, NE.

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