Truist lowered the firm’s price target on Landstar System (LSTR) to $150 from $160 and keeps a Hold rating on the shares. The firm cites the company’s Q1 guidance cut at its Analyst Meeting as it lowers its FY25 EPS view by 29c to $5.40 and its FY26 view by 37c to $6.85 to reflect elevated insurance costs, the analyst tells investors in a research note. Truist adds that while Landstar’s longer-term fundamentals remain in place, it sees limited room for margin expansion and notes cross-border risks amid tariff uncertainty.
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