Susquehanna analyst Harrison Bauer raised the firm’s price target on Landstar System (LSTR) to $195 from $185 and keeps a Neutral rating on the shares. The firm said rates are driving a BCO inflection with inflationary opex showing signs of stability. However, they remain on the sidelines as they believe super-seasonal revenue trends are already priced into shares.
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Read More on LSTR:
- Landstar System price target raised to $193 from $164 at Baird
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