Citi analyst Ariel Rosa raised the firm’s price target on Schneider National (SNDR) to $27 from $24 and keeps a Neutral rating on the shares. The firm sees balanced risk/rewards for transport stocks heading into the Q2 reports due macro uncertainty and a “still-soft” demand backdrop. Citi is “less enthusiastic” on the sector relative to three months ago due to the recent rally in the shares.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNDR:
- Schneider National resumed with an Outperform at Baird
- Schneider National’s Stable Performance Amidst Market Challenges: Hold Rating by Ken Hoexter
- Schneider National management to meet with Stephens
- Schneider National upgraded to Buy from Neutral at Goldman Sachs
- Schneider National price target raised to $26 from $23 at BofA
