** Railroad operator Pacific Union UNP.N missed Wall Street estimates for first-quarter profit and revenue, hurt by weak automotive shipments and lower fuel surcharge

** Median PT of 31 brokerages covering the stock is $252 - data compiled by LSEG

TRADE TURBULENCE AND IMPORT UNCERTAINTY

** J.P. Morgan ("neutral," cuts PT to $241 from $249) says lower international intermodal volume will provide somewhat of an offset to mix in second half 2025, but the expected “import cliff” will remain a negative narrative on UNP until the impact on the network is evident

** Jefferies ("hold", cuts PT to $225 from $230) says with the recent tariff escalations effectively cutting off most trade between China and U.S., it expects to see material decline in import levels coming into the major west coast gateways

** Daiwa Capital ("neutral", cuts PT to $224 from $265) sees significant decline in ships leaving China ports, which suggests a sharp fall in international intermodal shipments; uncertainties around tariffs on automotive imports from Mexico could also hurt premium volumes

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))