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Schneider National upgraded to Outperform from Market Perform at Raymond James

Raymond James upgraded Schneider National (SNDR) to Outperform from Market Perform with a $28 price target The firm says the market setup increasingly favors exposure to dedicated and intermodal growth. It believes Schneider’s accelerating dedicated wins, “friendlier” competitive backdrop as private fleet growth eases, and an “under-utilized” intermodal box fleet serving as catalysts for multi-year growth.

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