Landstar System

Piper Jaffray has published a report on Landstar System (NASDAQ: LSTR) raising the price target from $49.00 to $53.00. In the report, Piper Jaffray wrote, "Yesterday before the market LSTR reported 2Q11 EPS of $0.62 (+26.9% y-o-y) which was above Consensus $0.59 and our $0.58 estimate. Upside to...

Last Friday afternoon during market hours, Landstar System Inc. (NASDAQ: LSTR) conducted its regularly scheduled mid-2Q11 update call, Piper Jaffray reports. “Management reiterated its 2Q11 EPS guidance range of $0.56-$0.61 and targeted net operating margin of 42%,” Piper Jaffray writes. “Demand...

Jefferies & Company has raised the price target on Landstar System (NASDAQ: LSTR) from $45 to $48 and maintains its Hold rating.

In a report published by Piper Jaffray, Landstar System (NASDAQ: LSTR) provided its regularly scheduled mid-quarter update for 1Q11 on Friday afternoon. Piper Jaffray reported that management's read on the quarter-to-date volume was mostly positive – with Truck volumes in line with plan and...

Piper Jaffray has downgraded Landstar System (NASDAQ: LSTR) from Overweight to Neutral and has lowered the price target from $49 to $47.

Jefferies is initiating coverage of Landstar System, Inc. (NASDAQ: LSTR) with a Hold rating and a $45/share price target.

Yesterday before the market Landstar System, Inc. (NASDAQ: LSTR) reported 3Q10 continuing EPS of $0.49 (24.7% y-o-y growth) in line with consensus and a penny below Piper Jaffray's $0.50 estimate. “Downside was all revenue (-$0.03/share) with volume below our estimate a combination of (1)...

BB&T Capital Markets analysts Thom Albrecht, Neal Deaton, A. Rhem Wood Jr. and John R. Mims reiterated their Buy rating for shares of Landstar System, Inc. (Nasdaq: LSTR) with a price target of $46. The BB&T Capital Markets analysts wrote a positive report on Landstar System but noted that...