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Landstar System price target raised to $175 from $150 at TD Cowen

TD Cowen raised the firm’s price target on Landstar System (LSTR) to $175 from $150 and keeps a Hold rating on the shares. The firm said they delivered a Q1 beat and showed clear early cycle pricing strength. April trends show momentum into Q2, and they expect industrial demand to build through spring based on positive commentary through earnings.

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