Citi analyst Ariel Rosa downgraded Schneider National (SNDR) to Sell from Neutral with a price target of $30, down from $32. The firm cites the stock’s “historically elevated” valuation and “still-challenged market dynamics” which could weigh on the company’s first half of 2025 results for the downgrade. Truckload stocks carrying their highest valuations in more than a decade at roughly 30-times forward earnings, which sets up the prospect for significant multiple contraction going forward, likely eroding any potential upside from earnings growth that investors appear to be anticipating, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNDR:
- Schneider National downgraded to Sell from Neutral at Citi
- Schneider National price target raised to $27 from $25 at Stifel
- BofA double upgrades Schneider on favorable post-election impacts
- Schneider National price target lowered to $26 from $29 at Susquehanna
- Schneider National upgraded to Buy from Underperform at BofA