---
title: "Union Pacific: Strong Q2 Beat, Improved Network Efficiency and CN Partnership Drive Buy Rating and Price Target Increase from $282 to $325"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293666116.md"
description: "TD Cowen analyst Jason Seidl reiterated a Buy rating on Union Pacific, raising the price target from $282 to $325. This upgrade reflects strong Q2 earnings and revenue beats, improved network efficiency metrics, and strategic upside from the CN partnership. Additionally, Bank of America Securities assigned a Buy rating with a $334 price target, citing positive operational momentum."
datetime: "2026-07-23T20:35:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293666116.md)
  - [en](https://longbridge.com/en/news/293666116.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293666116.md)
---

# Union Pacific: Strong Q2 Beat, Improved Network Efficiency and CN Partnership Drive Buy Rating and Price Target Increase from $282 to $325

In a report released today, Jason Seidl from TD Cowen reiterated a Buy rating on Union Pacific, with a price target of $325.00.

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Jason Seidl has given his Buy rating due to a combination of factors tied to Union Pacific’s strong operational and financial execution. The company delivered second‑quarter earnings and revenue that exceeded both his estimates and market consensus, powered by broad-based volume growth and improved efficiency metrics, and management raised earnings guidance, signaling confidence in the outlook.

Jason Seidl’s rating is based on his view that traffic trends and intermodal conversions should sustain momentum in the second half, while the network remains fluid with better dwell times, train speeds, and car velocity. He also sees strategic upside from Union Pacific’s agreement with CN, which meaningfully improves shipper optionality around the pending merger, and he reflects this more constructive stance by revising his price target upward from $282 to $325.

In another report released today, Bank of America Securities also assigned a Buy rating to the stock with a $334.00 price target.

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