UBS upgraded Union Pacific Corp from Neutral to Buy, forecasting stronger growth in 2027 driven by a 6-7% rise in intermodal volumes and stable industrial demand. The broker raised its price target from $310 to $339 based on a 21x multiple of 2028 earnings forecasted at $16.15 per share. UBS expects volume growth, pricing gains, and productivity improvements to boost 2027 earnings before interest and taxes by 10%, with earnings estimates surpassing market consensus. Potential merger benefits with Norfolk Southern Corp could further increase earnings by 2030, but regulatory approval remains uncertain.
Union Pacific shares are trading at USD 280.97 on Pluang, slightly up by 0.02% as of Sep 17, 2026 23:41 WIB. The stock is well below its 52-week high of USD 310.62, with investors showing strong buying interest at 100% buy order activity.
