Morgan Stanley Maintains Equal-Weight on Landstar System, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has maintained an Equal-Weight rating on Landstar System (NASDAQ:LSTR) and raised the price target from $146 to $150.

July 31, 2023 | 1:36 pm
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Morgan Stanley has maintained an Equal-Weight rating on Landstar System and raised the price target from $146 to $150, which could potentially influence the stock's performance.
The raised price target by Morgan Stanley indicates a positive outlook for Landstar System. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at current levels. However, the Equal-Weight rating indicates that the stock is expected to perform in line with the sector or the market, which might limit the upside potential.
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