Credit Suisse Maintains Outperform on Union Pacific, Lowers Price Target to $240
Credit Suisse analyst Ariel Rosa maintains Union Pacific (NYSE:UNP) with a Outperform and lowers the price target from $243 to $240.
Nasdaq Futures Slump As Microsoft’s Outlook Dampens Tech Recovery Hopes — Analyst Warns Of More Bumpiness By Mid-February
U.S. stocks look set to start Wednesday’s session on the back foot as traders digest mixed earnings news flow and continued pouring in of weak economic data points.
Cues From Tuesday’s Trading:
Investor Optimism Declines Following Earnings Reports
The CNN Money Fear and Greed index showed some decline in overall market sentiment among US investors.
US stocks closed mixed on Tuesday as investors assessed the latest corporate earnings.
Earnings Scheduled For January 24, 2023
Companies Reporting Before The Bell
• GATX (NYSE:GATX) is expected to report quarterly earnings at $1.44 per share on revenue of $327.63 million.
Tesla, Microsoft, IBM, Intel, TI Among Companies Reporting This Week: Can Netflix’s Optimism Spill Over To Rest Of Tech Space?
Netflix, Inc. (NASDAQ: NFLX) shares jumped nearly 8.5% on Friday before settling at their highest level since April 19, 2022, when shares plunged after the company reported its first loss in net paid subscriber adds in a decade.
Alphabet To Rally Around 37%? Here Are 10 Other Analyst Forecasts For Wednesday
Morgan Stanley cut the price target for IBM (NYSE: IBM) from $152 to $148. Morgan Stanley analyst Erik Woodring downgraded the stock from Overweight to Equal-Weight. IBM shares fell 2.3% to $141.80 in pre-market trading.
Raymond James Maintains Strong Buy on Union Pacific, Raises Price Target to $244
Raymond James analyst Patrick Tyler Brown maintains Union Pacific (NYSE:UNP) with a Strong Buy and raises the price target from $220 to $244.
$100 Invested In Union Pacific 10 Years Ago Would Be Worth This Much Today
Union Pacific (NYSE:UNP) has outperformed the market over the past 10 years by 2.5% on an annualized basis…