I handload for my nephew's 7-08, he's killed 3 elk (2 cows and a bull) with them, at least a dozen whitetail, a mule deer buck, and a pronghorn buck with them.. Ranges from 50-450 yards.
Last falls bull, 127 yards, one shot, broke the near shoulder, spine and the bull never took a step and was dead within a few seconds (got the top of the lungs, artery below the spine).
The 120's are hell for stout, I load them to 2825 FPS with H380 and they hold together well.
Recovered this one from a mature cow elk, nephews first elk, 80 yards broke the on-side shoulder, through the top of the heart, broke a rib on the off-side just under the hide on the off-side.
I wouldn't even give it a second thought to kill a ram with one, or most anything else.