Initiated Buy X

UNP Union Pacific

Deutsche Bank

$295

Downgrades Hold Sell X

UNP Union Pacific

Loop Capital

$265 $200

Reiterated Buy X

UNP Union Pacific

TD Cowen

$245 $258

Initiated Neutral X

UNP Union Pacific

Citigroup

$264

Downgrades Outperform In-line X

UNP Union Pacific

Evercore ISI

$254 $247

Initiated Overweight X

UNP Union Pacific

Wells Fargo

$270

Reiterated Buy X

UNP Union Pacific

TD Cowen

$252 $258

Initiated Hold X

UNP Union Pacific

Jefferies

$250

Reiterated Outperform X

UNP Union Pacific

TD Cowen

$228 $251

Upgrades Mkt Perform Outperform X

UNP Union Pacific

Bernstein

$280

Upgrades Hold Buy X

UNP Union Pacific

Deutsche Bank

$223 $235

Downgrades Overweight Neutral X

UNP Union Pacific

Atlantic Equities

$244

Upgrades Neutral Buy X

UNP Union Pacific

Citigroup

$226 $257

Reiterated Mkt Perform X

UNP Union Pacific

Bernstein

$223 $213

Reiterated Outperform X

UNP Union Pacific

BMO Capital Markets

$245 $240

Reiterated Buy X

UNP Union Pacific

BofA Securities

$241 $247

Reiterated Outperform X

UNP Union Pacific

Credit Suisse

$237 $235

Reiterated Equal-Weight X

UNP Union Pacific

Morgan Stanley

$176 $171

Reiterated Sector Perform X

UNP Union Pacific

RBC Capital Mkts

$191 $184

Reiterated Hold X

UNP Union Pacific

Stifel

$222 $216

Reiterated Neutral X

UNP Union Pacific

Susquehanna

$203 $202

Reiterated Outperform X

UNP Union Pacific

TD Cowen

$222 $218

Reiterated Neutral X

UNP Union Pacific

UBS

$210 $212

Reiterated Outperform X

UNP Union Pacific

Wolfe Research

$221 $220

Upgrades Neutral Buy X

UNP Union Pacific

BofA Securities

$218 $241

Upgrades Underperform Sec Perform X

UNP Union Pacific

RBC Capital Mkts

$191 $210

Downgrades Buy Hold X

UNP Union Pacific

Deutsche Bank

$238 $215

Downgrades Buy Neutral X

UNP Union Pacific

BofA Securities

Upgrades In-line Outperform X

UNP Union Pacific

Evercore ISI

$204 $232

Downgrades Sec Perform Underperform X

UNP Union Pacific

RBC Capital Mkts

$200 $187

Reiterated Buy X

UNP Union Pacific

Argus

$275 $225

Reiterated Overweight X

UNP Union Pacific

Barclays

$235 $220

Reiterated Neutral X

UNP Union Pacific

Citigroup

$210 $207

Reiterated Outperform X

UNP Union Pacific

Cowen

$207 $204

Reiterated Outperform X

UNP Union Pacific

Credit Suisse

$244 $232

Reiterated Neutral X

UNP Union Pacific

JP Morgan

$219 $217

Reiterated Strong Buy X

UNP Union Pacific

Raymond James

$230 $220

Reiterated Neutral X

UNP Union Pacific

Susquehanna

$208 $200

Reiterated Hold X

UNP Union Pacific

TD Securities

$225 $215

Reiterated Neutral X

UNP Union Pacific

UBS

$212 $210

Reiterated Equal Weight X

UNP Union Pacific

Wells Fargo

$210 $205

Downgrades Outperform Mkt Perform X

UNP Union Pacific

Bernstein

$234 $230

Upgrades Neutral Buy X

UNP Union Pacific

BofA Securities

$260

Downgrades Outperform Neutral X

UNP Union Pacific

Daiwa Securities

$235 $242

Downgrades Overweight Neutral X

UNP Union Pacific

JP Morgan

$272 $232

Downgrades Positive Neutral X

UNP Union Pacific

Susquehanna

$235

Initiated Outperform X

UNP Union Pacific

Credit Suisse

$255

Downgrades Outperform In-line X

UNP Union Pacific

Evercore ISI

$245

Downgrades Buy Neutral X

UNP Union Pacific

Citigroup

$287 $235

Downgrades Buy Neutral X

UNP Union Pacific

UBS

$283 $267

Downgrades Buy Neutral X

UNP Union Pacific

BofA Securities

$258

Downgrades Outperform Sec Perform X

UNP Union Pacific

RBC Capital Mkts

$271 $258

Upgrades Neutral Overweight X

UNP Union Pacific

JP Morgan

$234 $247

Upgrades Eq Weight Overweight X

UNP Union Pacific

Barclays

$240 $260

Reiterated Buy X

UNP Union Pacific

The Benchmark Company

$242 $250

Initiated Overweight X

UNP Union Pacific

Atlantic Equities

$263

Upgrades Hold Buy X

UNP Union Pacific

Loop Capital

$269

Resumed Hold X

UNP Union Pacific

Stifel

$225

Resumed Buy X

UNP Union Pacific

Vertical Research

$245

Upgrades Mkt Perform Outperform X

UNP Union Pacific

Bernstein

Upgrades Neutral Overweight X

UNP Union Pacific

Atlantic Equities

$175 $195

Downgrades Buy Hold X

UNP Union Pacific

Cascend Securities

Initiated Buy X

UNP Union Pacific

Goldman

$198

Downgrades Outperform Mkt Perform X

UNP Union Pacific

Bernstein

Downgrades Overweight Eq Weight X

UNP Union Pacific

Barclays

$190 $170

Reiterated Outperform X

UNP Union Pacific

Cowen

$178 $187

Downgrades Buy Hold X

UNP Union Pacific

Loop Capital

Initiated Neutral X

UNP Union Pacific

Atlantic Equities

Upgrades Mkt Perform Outperform X

UNP Union Pacific

Cowen

$153 $178

Upgrades Sec Perform Outperform X

UNP Union Pacific

RBC Capital Mkts

Upgrades Neutral Buy X

UNP Union Pacific

Seaport Global Securities

$165

Reiterated Market Perform X

UNP Union Pacific

Cowen

$151 $153

Downgrades Buy Hold X

UNP Union Pacific

TD Securities

Downgrades Eq-Weight Underweight X

UNP Union Pacific

Morgan Stanley

Downgrades Buy Neutral X

UNP Union Pacific

BofA/Merrill

Upgrades Hold Buy X

UNP Union Pacific

Loop Capital

Reiterated Market Perform X

UNP Union Pacific

Cowen

$140 $153

Resumed Hold X

UNP Union Pacific

Stifel

$151

Reiterated Market Perform X

UNP Union Pacific

Cowen

$140 $139

Upgrades Neutral Buy X

UNP Union Pacific

Citigroup

UNP  Union Pacific Corporation

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business. Bulk traffic primarily consists of coal, grain, soda ash, ethanol, rock and crude oil shipped in unit trains-trains transporting a single commodity from one origin to one destination. Manifest traffic includes individual carload or less than train-load business involving commodities, such as lumber, paper, food and chemicals. The transportation of finished vehicles, auto parts, intermodal containers and truck trailers are included as part of its premium business. As of December 31, 2016, its network included 32,070 route miles, linking Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways.