Core Viewpoint - Citigroup has upgraded the rating of Union Pacific (UNP.US) from "Neutral" to "Buy," with a target price of $251, indicating strong attractiveness for the stock [1] Group 1: Company Outlook - Citigroup analyst Ariel Rosa believes that Union Pacific's stock is highly attractive and should not be overlooked, even in light of the unsuccessful merger with Norfolk Southern [1] - Rosa highlighted that there is more clarity regarding the merger plans with Norfolk Southern, despite an anticipated contentious merger review process [1] - The likelihood of obtaining a smooth merger approval under less restrictive conditions is estimated to be between 65% and 70% [1] Group 2: Financial Performance - Union Pacific's stock price has recently declined, but its operational performance has been consistently strong [1] - The valuation of Union Pacific is considered attractive, as the stock price is below its long-term average price-to-earnings ratio, regardless of the merger approval outcome [1]
花旗:联合太平洋(UNP.US)具有估值与合并利好因素 上调评级至“买入”