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Fly News Breaks for April 1, 2016
LSTR
Apr 1, 2016 | 07:04 EDT
Cowen analysts led by Jason Seidl downgraded Landstar to Market Perform and lowered his price target to $63 from $64. The analyst said shares have reached his price target and industry checks drive estimates lower, while sluggish industry trends and potential headwinds from its major IT implementation of Mercury Gate cold prevent shares from moving materially higher.
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