Citi lowered the firm’s price target on Schneider National (SNDR) to $25 from $27 and keeps a Neutral rating on the shares as part of a Q3 preview for the transportation sector. The firm expects “tepid” quarters for most of the group due to soft freight rates and unfavorable supply/demand dynamics.
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Read More on SNDR:
- Schneider National price target raised to $28 from $27 at JPMorgan
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