Schneider National, Inc. shares fall 3.50% intraday after Barclays lowered its target price to EUR 245.

Schneider National, Inc. declined 3.50% in intraday trading. Barclays reiterated its Buy rating on Schneider Electric, but lowered its target price from EUR 276 to EUR 245, citing concerns about the impact of trade policies on corporate earnings. The analyst noted that early-cycle companies are already feeling the pain, and a V-shaped recovery is unlikely.