Wells Fargo has adjusted its price target on Union Pacific Corporation to $250 from $260 while maintaining an overweight rating. Union Pacific specializes in railway transportation, with 94.1% of net sales from merchandise transport, including industrial, agricultural, and intermodal products. The company operates the largest railroad network in North America, covering 52,915.2 km across 23 states, supported by a fleet of over 7,000 locomotives and 56,000 freight cars.