Hedge Fund Capital Pushed For Union Pacific Corp (UNP) CEO Change

Hedge Fund Capital pushed for Union Pacific Corp (UNP) CEO change. Alex Coffey and Jenny Horne discuss UNP as BofA upgraded the stock to buy from neutral. The analyst sees room for further valuation upside and they have increased confidence in a path to operational improvement. They talk about how UNP is rallying on CEO transition. They note how UNP is making an uncharacteristically volatile move on news. They then compare UNP to Norfolk Southern (NSC) and Canadian Pacific (CP). Alex then demonstrates an example trade using UNP. The trade type is a buy call vertical and the direction is bullish. Tune in to find out more about the stock market today.