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Fly News Breaks for April 10, 2018
LSTR
Apr 10, 2018 | 06:16 EDT
Goldman Sachs analyst Matt Reustle started Landstar System with a Buy rating and $130 price target. The analyst believes the company's operating model is suited to capture returns through a freight cycle while assuming less risk than asset-intensive operators in a downcycle. He views Landstar as an attractive business to own for the longer term. Reustle this morning initiated the Truck sector with a Neutral coverage view, saying it is "too early to fade the trucking cycle."
News For LSTR From the Last 2 Days
