This morning, Citigroup raised its price target on shares of Union Pacific (UNP) to $180 as free cash flow is improving and fundamentals remain strong. In the report, Citigroup increased its EPS estimates as well. Shares of Union Pacific were lower by 0.4% despite the report.
I wouldn't even consider myself a novice at this business, but I don't understand how some on this chat continually say that UNP is going to tank "30 Points" in the next month. Which, by the way, has sustained or risen since you said that. And, if you naysayers are correct, why aren't your working for Citigroup making 250,000+ a year to warn all the innocent people out there that need to be saved? It may fall, but there will be a lot of egg on Citi's face if it does. I question who has the better data. I'm betting on Citi. Let's touch back on this post in 30 days and see who is correct. I'm not too proud to admit I'm wrong. Are you?
once Bernanke stops buying bonds and Obama's Sequester sets in there will be a correction. However, following Buffets lead trains a good proposition. I think UNP better then his choice. 30 days you got it. So many analysts are in the companies back pocket, but in the case I believe is right on, my only regret....I did not double down at some point. Too scary to do that now