Union Pacific on Jan. 19 said fourth-quarter revenue increased 16% to $5.1 billion, operating income rose 23% to $1.6 billion and earnings per share jumped 28% to $1.99."We expect UNP to benefit from accelerating core pricing gains in 2012 given the tailwinds from legacy contract repricing, tight transportation capacity, and ongoing above-rail-inflation pricing," Deutsche Bank analysts wrote in a report on Jan. 20. Union Pacific has helped the iShares Dow Jones Transportation Average Index Fund rise about 6% in January. Union Pacific is the top holding of the fund. Shares of Union Pacific hit a 52-week high on Wednesday of $117.40. The stock's 52-week low of $77.73 was set on Oct. 4. Union Pacific gets an A+ grade from TheStreet Ratings with a $134.71 price target. The stock has risen 10.25% year to date.
Comcast The cable company is offering a chance to watch the Super Bowl live on phones for the first time in conjunction with the National Football League and Verizon (VZ), according to The Associated Press. Collins Stewart analysts raised their price target on Comcast to $36 from $32 on Jan. 25. "Should benefit from cable results & $3bn+ repurchase increase," Collins Stewart analysts wrote in a report on Jan. 25. Shares of Comcast hit a 52-week high of $25.98 on Wednesday. The stock's 52-week low of $18.74 was set on Aug. 9. TheStreet Ratings gives Comcast an A+ grade with a $33.21 price target. The stock has increased 8.87% year to date.