7/103 sources · 3 publishersUpdated Oct 23, 15:11 UTC
TD Cowen lifts Union Pacific price target to $328 on strong Q3 volume growth
TD Cowen raised its price target for Union Pacific (UNP) to $328 from $325 and kept a Buy rating. The firm cited the railroad’s third‑quarter 2026 results, which showed $7.2 billion of revenue and earnings of $3.53 per share, alongside a 6% year‑over‑year increase in carloads and a 13% rise in domestic intermodal volumes. TD Cowen also reaffirmed its outlook for high‑single‑digit EPS growth in 2026.
Why it matters
The higher target suggests analysts see further upside for UNP, potentially encouraging buying interest. The maintained Buy rating reinforces a positive view of the company’s earnings trajectory.
Key facts
- 1TD Cowen raised its price target to $328 from $325. marketscreener.com
- 2TD Cowen kept a Buy rating on Union Pacific. tradingview.com
- 3Union Pacific reported third‑quarter 2026 revenue of $7.2 billion. investing.com
- 4Union Pacific reported adjusted earnings of $3.53 per share for the quarter. investing.com
- 5Carloads grew 6% year‑over‑year and domestic intermodal volumes rose 13%. tradingview.com
- 6TD Cowen expects high‑single‑digit EPS growth for 2026. tradingview.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.