Truist Financial Sticks to Their Hold Rating for Landstar System (LSTR)
Truist Financial analyst Lucas Servera maintained a Hold rating on Landstar System today and set a price target of $150.00.
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Servera covers the Industrials sector, focusing on stocks such as CH Robinson, Expeditors International, and FedEx. According to TipRanks, Servera has an average return of 22.8% and a 90.91% success rate on recommended stocks.
In addition to Truist Financial, Landstar System also received a Hold from Barclays’s Brandon Oglenski in a report issued today. However, on January 7, Robert W. Baird maintained a Buy rating on Landstar System (NASDAQ: LSTR).
Based on Landstar System’s latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $1.21 billion and a net profit of $19.36 million. In comparison, last year the company earned a revenue of $1.22 billion and had a net profit of $50.03 million
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- Landstar System price target raised to $155 from $130 at Barclays
- Landstar System price target raised to $147 from $140 at Stifel
- Landstar System price target raised to $151 from $125 at Evercore ISI
- Landstar System price target raised to $162 from $134 at JPMorgan
- Landstar System price target raised to $150 from $138 at TD Cowen
