Susquehanna Maintains Neutral on Landstar System, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Bascome Majors maintains a Neutral rating on Landstar System (LSTR) and lowers the price target from $165 to $160.

April 26, 2024 | 2:06 pm
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NEGATIVE IMPACT
Susquehanna maintains a Neutral rating on Landstar System and lowers the price target from $165 to $160.
The reduction in price target by Susquehanna reflects a slightly bearish outlook on Landstar System's short-term stock price performance. Although the rating remains Neutral, indicating no significant change in the company's overall outlook, the decrease in price target suggests that the analyst sees limited upside potential or possible downward pressure on the stock. This adjustment could influence investor sentiment and potentially lead to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100