BMO cuts Union Pacific to 'market perform' on weak freight demand
ReutersJan 7, 2026 1:21 PM
BMO downgrades railroad operator Union Pacific UNP.N to "market perform" from "outperform"
Cuts PT to $255 from $270, representing 9.2% upside on stock's last close
Brokerage says it downgrades UNP given limited visibility into regulatory outcomes and continued softness in freight demand
17 of 27 brokerages rate stock "buy" or higher and 10 "hold"; their median PT is $261 - LSEG data
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