Citigroup Initiates Coverage On Schneider National with Neutral Rating, Announces Price Target of $29
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ariel Rosa has initiated coverage on Schneider National (NYSE:SNDR) with a Neutral rating and set a price target of $29.
October 09, 2024 | 2:23 pm
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NEUTRAL IMPACT
Citigroup has initiated coverage on Schneider National with a Neutral rating and a price target of $29, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Citigroup sees neither significant upside nor downside in the short term for SNDR. The price target of $29 provides a specific valuation benchmark, which is crucial for investors. The impact is neutral as the rating does not suggest a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100