Analysts Are Downgrading These 5 Stocks

4. Union Pacific Corporation (NYSE:UNP)

Number of Hedge Fund Holders: 74

BofA slashed its ratings for Union Pacific Corporation (NYSE:UNP) from “Buy” to “Neutral” on Tuesday, January 24. Analyst Ken Hoexter pointed towards continued cost pressure and elevated inflation. Hoexter also cut his price target for the railroad holding company from $238 per share to $218 per share.

The downgrade follows the company’s disappointing financial results for Q4. On Tuesday, Union Pacific Corporation (NYSE:UNP) reported earnings of $2.67 per share, missing the consensus of $2.78 per share.

Revenue for the quarter rose 8 percent on a year-over-year basis to $6.18 billion, while analysts expected Union Pacific Corporation (NYSE:UNP) to generate revenue of $6.31 billion. The weakness was mainly attributed to shipment challenges amid labor shortages and disruptions in freight operations due to a winter storm.

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