Barclays Raises Union Pacific (UNP) Price Target, Keeps Overweight Rating

Union Pacific Corporation (NYSE:UNP) is one of the 14 Best Large Cap Stocks to Invest In Now. On December 16, Barclays increased its price target on Union Pacific Corporation (NYSE:UNP) from $270 to $285 and maintained its Overweight rating on the stock.

Barclays pointed out that “weak” industrial growth and volatile travel demand might continue for a fourth year in a row in 2026. Based on this, the research firm suggests picking stocks with “idiosyncratic opportunities” in North American airlines and transportation.

Barclays Raises Union Pacific (UNP) Price Target, Keeps Overweight Rating

In other news, on December 17, Union Pacific Corporation (NYSE:UNP) reported that it is planning to develop the Mainline Texas Industrial Park. This will be a master-planned industrial site over 2,000 acres just outside Houston. The park provides a strategic location as it sits along the company’s main rail line with direct access to U.S. 90, Highway 36, Spur 10, and Interstate 69. This setup will provide seamless transportation to customers across the major population centers in the region and international gateways in Laredo, Eagle Pass, and El Paso.

According to the report by Union Pacific Corporation (NYSE:UNP), the location is near the largest concentration of people, industry, and commerce in Texas. It will help customers reach over 25 million people within 250 miles.

The park includes 1,300 acres of rail-served land and 700 acres for other industrial or commercial uses. The Mainline Texas Industrial Park could support more than 20 million square feet of Class A development. Some of the key features of the site include space for rail car storage, on-site water and wastewater systems, regional drainage, and connections to high-capacity gas infrastructure. This makes it one of the strongest industrial sites for customers in Texas.

Union Pacific Corporation (NYSE:UNP) is an American railroad holding company that connects 23 Western states and provides efficient railroad transportation, freight shipping, logistics, and rail safety services.

While we acknowledge the potential of UNP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UNP and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.