Piper Jaffray Maintains Overweight Rating On Landstar System, Inc. (LSTR)

Analysts Matthew S. Brooklier and Reena E. Krishnan at Piper Jaffray have realeased an update on Landstar System, Inc. LSTR. On Friday, the company hosted its mid second-quarter update call. Analysts say that the management comments were mostly bullish. However, the management cautioned about the potential margin pressure. Analysts believe that this pressure is likely to be offset in the second-quarter by stronger volumes and BCO results. Analysts at Piper Jaffray have maintained their Overweight rating and $52 price target for Landstar System, Inc.