Deutsche Bank Downgrades Landstar System (LSTR) to Hold; More Balanced Risk/Rewards

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Deutsche Bank downgraded Landstar System (NASDAQ: LSTR) from Buy to Hold.

Deutsche analyst says, "Although we continue to like LSTR’s exposure to the flatbed market given capacity constraints, we expect pricing improvement to decelerate as a strengthening dollar could constrain export demand of heavy machinery and mining equipment."

For an analyst ratings summary and ratings history on Landstar System click here. For more ratings news on Landstar System click here.

Shares of Landstar System closed at $46.92 yesterday, with a 52 week range of $36.64-$49.66.

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