Evercore ISI lowered the firm’s price target on Schneider National (SNDR) to $21 from $22 and keeps an In Line rating on the shares. The company’s recent earnings missed expectations, with a notable EPS shortfall in Q3, the analyst tells investors in a research note. The firm added that while Schneider remains optimistic about tighter driver regulations, the lack of a demand catalyst makes it challenging to foresee significant rate improvements in the near term.
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