This morning, Credit Suisse lowered its price target on shares of Union Pacific (NYSE:UNP) to $182 to better reflect the company's new earnings guidance. In the report, Credit Suisse reduced its EPS estimates as well, but maintained its outperform rating. Shares of Union Pacific were lower by 0.9% on the news.
Oppenheimer downgraded shares of Valero Energy (NYSE:VLO) from outperform to perform noting weakness within the sector. Shares of Valero were lower by 0.2% on Friday.
And Credit Suisse downgraded shares of Wynn Resorts (NASDAQ:WYNN) from outperform to neutral citing valuation. The stock has crossed above the firm's $160 price target, reducing the risk/reward profile for investors. Shares of WYNN were off 0.3% today.
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