tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Schneider National downgraded to Neutral from Buy at UBS

UBS downgraded Schneider National (SNDR) to Neutral from Buy with a price target of $26, up from $25. The firm believes a pricing inflection the truckload market is now less likely in the near term. Capacity is gradually exiting, but UBS does not see a clear demand catalyst for the mid-single-digit truckload rate increases that is reflected in the 2026 consensus estimates, the analyst tells investors in a research note. The firm sees 10% downside risk to consensus estimates next year and downgraded three truckload names.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1