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Landstar System price target lowered to $123 from $125 at Susquehanna

Susquehanna lowered the firm’s price target on Landstar System (LSTR) to $123 from $125 and keeps a Neutral rating on the shares. The firm said its 2Q was solid with help from revenue/load, though the early read on 3Q is more muted and brings its prior Street-low 2H25 estimates lower. Truckload seems to be stabilizing, but they see no signs of a true market turn and wait for consensus to fall further.

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