Susquehanna lowered the firm’s price target on Schneider National to $26 from $27 and keeps a Neutral rating on the shares. The firm updated its model on the back of its broader 2024 outlook. Their valuation methodologies remain unchanged for the truckload-related group, as they use long-term avgerage P/E’s to capitalize 2025E forecasts that anticipate meaningful year-over-year recovery from a deep 2023-24 trough.
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>>
See the top stocks recommended by analysts >>
Read More on SNDR:
- Schneider National price target raised to $27 from $23 at Susquehanna
- Schneider National price target raised to $27 from $26 at Stifel
- Schneider National price target raised to $27 from $23 at Citi
- Schneider National downgraded to In Line from Outperform at Evercore ISI
- Biogen upgraded, Take-Two downgraded: Wall Street’s top analyst calls