Susquehanna analyst Bascome Majors raised the firm’s price target on Landstar System (LSTR) to $160 from $110 and keeps a Neutral rating on the shares. The firm adjusted ratings and price targets in the logistics and trucking group as part of its 2026 outlook. The truckload recovery is taking place on the supply side, and Susquehanna is “shifting to a bullish valuation framework with some nearer-term caution toward chasing shares into softer seasonality,” the analyst tells investors in a research note.
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