B of A Securities Downgrades Schneider National to Neutral, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter has downgraded Schneider National (NYSE:SNDR) from Buy to Neutral and lowered the price target from $35 to $24.
November 03, 2023 | 12:45 pm
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NEGATIVE IMPACT
Schneider National has been downgraded from Buy to Neutral by B of A Securities, with a lowered price target from $35 to $24.
The downgrade from Buy to Neutral by B of A Securities indicates a less optimistic outlook for Schneider National. The lowered price target from $35 to $24 suggests that the analyst believes the stock is currently overvalued, which could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100