Union Pacific Corporation (UNP): Price Target and June Short Interest Disclosure

Union Pacific Corporation (UNP) : Currently there are 18 street experts covering Union Pacific Corporation (UNP) stock. The most bullish and bearish price target for the stock is $102 and $53 respectively for the short term. The average price target of all the analysts comes to $87.61. The estimated standard deviation from the target is $12.7.

Union Pacific Corporation (UNP) stated loss of 2,642,375 shares or 21.5% in the short interest. The short interest registered from 12,308,436 on June 15,2016 to 9,666,061 on June 30,2016. In terms of floated shares, the shorted positions stood at 1.2%. The stock has been averaging 5,265,575 shares daily in trading and would need 2 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Equity analysts at the Brokerage firm Scotia downgrades its rating on Union Pacific Corporation (NYSE:UNP). The rating major has initiated the coverage with sector perform rating on the shares. The Analysts at Scotia lowers the price target from $93 per share to $88 per share. The rating by the firm was issued on June 20, 2016.


Union Pacific Corporation (NYSE:UNP): stock turned positive on Thursday. Though the stock opened at $94.92, the bulls momentum made the stock top out at $96 level for the day. The stock recorded a low of $94.425 and closed the trading day at $94.7, in the green by 0.59%. The total traded volume for the day was 5,332,148. The stock had closed at $94.14 in the previous days trading.

Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. The Company is a Class I railroad operating in the United States, which has 31,974 route miles and maintains coordinated schedules with other rail carriers to move freight. It links 23 states in the western two-thirds of the country by rail, providing a supply chain link around the world. Its business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal. The Company serves United States population centers, operates from West Coast and Gulf Coast ports to eastern gateways, connects with Canadas rail systems and serves six Mexico gateways. The Companys freight traffic consists of bulk, manifest, and premium business.

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