BUZZ-Street View: Union Pacific on track despite challenges

** U.S. railroad operator Union Pacific UNP.N on Thursday posted a better-than-expected Q4 profit, with improving volumes and robust pricing partially offseting lower fuel surcharge revenue and less profitable cargo mix

** Median PT of 30 brokerages covering UNP stock is $265- data compiled by LSEG

MIXED BAG

** J.P. Morgan ("neutral," PT: $248) says UNP is well-positioned with fewer chances of negative surprises

** Jefferies ("hold," PT: $255) expects UNP to grow its domestic intermodal segment due to shifts from road transport in H2 2025

** RBC ("outperform," PT: $276) says the outlook is mixed because of lower coal demand and other challenges, but is positive on grain, chemicals and plastics

** "We believe the operating improvements engineered by the CEO present a powerful case for operating leverage and earnings upside, should volumes improve" - RBC

** TD Cowen("buy," PT: $258) sees coal volumes declining in 2025, but says UNP has a new coal contract to help mitigate this; says auto OEMs are curtailing production, but output is expected to improve through the year