LSTR stock news · Landstar System, Inc.
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Susquehanna cut its price target for Landstar System from $190 to $160.
NeutralSusquehanna cut its target from $190 to $160, a 15.8% drop, but kept its Neutral rating. The report adds no new facts about Landstar's business, so its outlook is unchanged.
The Fed increases interest rates, causing yields to reach their highest since 2007 as fuel prices soar.
Bad for LSTRLandstar fell with other carriers after fuel spikes increased operating costs for trucking firms.