Schneider National price target raised to $28 from $26 at BofA

Core Viewpoint - BofA analyst Ken Hoexter raised the price target on Schneider National (SNDR) to $28 from $26 while maintaining a Neutral rating on the shares, indicating a cautious outlook despite a slight increase in the price target [1] Financial Estimates - The firm adjusted its Q4 EPS estimate for Schneider National down to 19 cents from 21 cents, which is below both the company's and Street targets [1] - For FY25 and FY26, the EPS estimates were lowered by 2% and 7% respectively, reflecting a more conservative outlook [1] Market Conditions - The analysis notes sluggishness in November before a projected rise in spot rates in December, suggesting a challenging market environment in the short term [1] - Despite the lowered EPS estimates, the price target was raised due to an improved outlook for rates leading into 2026 [1]