Stifel Maintains Hold on Landstar System, Lowers Price Target to $166
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan maintains a Hold rating on Landstar System (LSTR) and lowers the price target from $171 to $166.

February 02, 2024 | 7:31 pm
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Stifel analyst J. Bruce Chan maintains a Hold rating on Landstar System and lowers the price target from $171 to $166.
The adjustment in price target by Stifel reflects a revised valuation assessment of Landstar System, though the Hold rating indicates no immediate negative outlook on the stock. The reduction in price target might lead to short-term investor caution but is not indicative of a significant downturn.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100