TD Cowen analyst Jason Seidl has reiterated their bullish stance on SNDR stock, giving a Buy rating on October 24.
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Jason Seidl’s rating is based on several strategic factors influencing Schneider National’s outlook. Despite the company missing earnings expectations for the third quarter, Seidl maintains a Buy rating due to Schneider’s proactive approach to mitigating challenges. The company is focusing on expanding its specialized dedicated business to reduce churn and is optimistic about the long-term impact of regulatory actions that could significantly reduce market capacity, potentially benefiting Schneider.
Moreover, Schneider National is leveraging AI initiatives to improve productivity, which could enhance operational efficiency in the future. Although near-term margins are expected to remain under pressure, the company’s strategic moves, including strong intermodal load growth and maintaining share gains, provide a positive long-term outlook. Seidl’s confidence in Schneider’s ability to navigate current market conditions and capitalize on future opportunities underpins his Buy recommendation.
In another report released on October 24, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $25.00 price target.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SNDR in relation to earlier this year.