BAML lifts Schneider National two notches to Buy

|About: Schneider National (SNDR)|By:, SA News Editor

Bank of America Merrill Lynch upgrades Schneider National (NYSE:SNDR) to a Buy rating in a two-notch lift from Underperform.

The firm points to the big margins gains for the trucker in Q4 and notes that the forward price-earnings ratio on Schneider has compressed all the way down to 12X.

BAML assigns a price objective of $25 to Schneider National.

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