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Fly News Breaks for July 31, 2017
LSTR
Jul 31, 2017 | 06:13 EDT
Deutsche Bank analyst Amit Mehrotra downgraded Landstar System to Hold saying he's moving to the sidelines on industrials-focused transportation companies. The analyst cites the outperformance of the stocks in the first half of 2017 as well as his previously noted concerns around U.S. industrial and auto production growth in the second half of the year. Mehrotra lowered his price target for the shares to $87 from $97.
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