Analysts Just Turned Bearish on These 5 Stocks

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1. Union Pacific Corporation (NYSE:UNP)

Number of Hedge Fund Holders: 89

Union Pacific Corporation (NYSE:UNP) is America’s leading railroad company connecting 23 states. It plays a critical role in the global supply chain by transporting essential materials for industries such as agriculture, automotive and chemical.

Susquehanna downgraded Union Pacific Corporation (NYSE:UNP) from “Positive” to “Neutral” on Wednesday, July 6, 2022. The research firm thinks macro headwinds and capacity challenges could impact volume recovery in the rail industry.

Union Pacific Corporation (NYSE:UNP) also appeared in the first-quarter 2022 investor letter of investment management firm Carillon Tower Advisers published last month. Here’s what the firm said:

“Union Pacific (NYSE:UNP) benefited from rising oil prices, which typically bring more demand for rail shipping as opposed to moving freight by truck. Rail transportation can be much more fuel-efficient than over-the-road trucking.”

You can also take a peek at Top 10 Stock Picks of Randall Smith’s Alden Global and David Abrams’ 2022 Portfolio: Top 10 Stock Picks.

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