Schneider National price target lowered to $28 from $38 at Stephens

Stephens lowered the firm’s price target on Schneider National to $28 from $38 and keeps an Overweight rating on the shares. Following “very disappointing” Q3 results and Q4 guidance, it is clear the company is not as resilient as the firm originally thought, the analyst tells investors. However, the firm sees enough upside following the stock pullback to justify its rating.