Wolfe Research Upgrades Landstar System to Outperform, Announces $205 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Scott Group has upgraded Landstar System (NASDAQ:LSTR) from Peer Perform to Outperform and set a price target of $205.
January 10, 2024 | 12:58 pm
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POSITIVE IMPACT
Landstar System has been upgraded by Wolfe Research from Peer Perform to Outperform with a new price target of $205.
Analyst upgrades typically lead to a positive short-term reaction in the stock price as market participants adjust their valuations based on the new information. The setting of a high price target of $205 suggests a significant upside potential from the current trading levels, which can lead to increased investor interest and buying pressure.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100