BofA analyst Ken Hoexter raised the firm’s price target on Schneider National (SNDR) to $28 from $26 and keeps a Neutral rating on the shares. Given the sluggishness of November before a spot rate rise in December, the firm moved its EPS estimate below Schneider National’s and Street targets for Q4, down to 19c from 21c, and lowers its FY25 and FY26 EPS estimates 2% and 7%, respectively, but raised its price target on a slightly higher multiple, citing the set up into 2026 improving on rates.
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Read More on SNDR:
- Schneider National price target raised to $29 from $25 at Stifel
- Schneider National price target raised to $26 from $22 at BofA
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