UPDATE: Deutsche Bank Lowers PT on Union Pacific Following Disappointing 2014 Outlook, Intact Long-Term Thesis

In a report published Friday, Deutsche Bank analyst Justin Yagerman reiterated a Buy rating on Union Pacific Corporation (NYSE: UNP ), but lowered the price target from $181.00 to $175.00. In the report, Deutsche Bank noted, “Yesterday, UNP shares declined 3.8% (vs. a 0.7% increase in the S&P 500) due