Stephens & Co. Downgrades Schneider National to Equal-Weight, Announces $28 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jack Atkins downgraded Schneider National (NYSE:SNDR) from Overweight to Equal-Weight and set a $28 price target.

February 05, 2024 | 12:56 pm
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Schneider National was downgraded from Overweight to Equal-Weight by Stephens & Co., with a new price target of $28.
Analyst downgrades typically lead to a negative short-term impact on the stock price as they suggest a less optimistic outlook on the company's future performance. The setting of a specific price target provides a benchmark that can influence investor expectations and market sentiment towards the stock.
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