Trucking

In a report published earlier today, Oppenheimer Holdings initiated coverage of Landstar System, Inc. (NASDAQ: LSTR) with an Outperform rating and a $66.00 price target. Oppenheimer went on to say “We are initiating coverage of Landstar System (LSTR) with an Outperform rating/$66 price target. An...

Stifel Nicolaus lowers its rating on Landstar System (NASDAQ: LSTR) to Hold from Buy on valuation grounds as it believes the company has little upside to EPS estimates. Stifel Nicolaus notes, "We are downgrading the common shares of Landstar System from Buy to Hold primarily on the basis of...

Morgan Keegan maintains its Outperform rating on Landstar System (NASDAQ: LSTR) and raises its price target by $5 to $56 a share on a 4Q11 beat and an encouraging guide to 2012. Morgan Keegan says, "Our 1Q12 EPS estimate goes to $0.54 from $0.52, and our FY12 outlook is for EPS of $2.75, up from...

Morgan Keegan has raised the price target on Landstar System (NASDAQ: LSTR) from $51 to $56 and maintains its Outperform rating.

Stifel Nicolaus is out with its report today on Landstar System (NASDAQ: LSTR), raising its PT from $53 to $56. In its report, Stifel Nicolaus writes, "We are, leaving our EPS estimates unchanged at $2.32, $2.67, and $3.10 for 2011, 2012, and 2013, respectively. We are more confident in these...

Analysts at Robert W. Baird downgraded Landstar System (NASDAQ: LSTR) from “outperform” to “neutral.” LSTR's stock closed at $45.76 yesterday. Landstar System's trailing-twelve-month profit margin is 3.91%. Analysts at Piper Jaffray downgraded ReneSola Ltd (NYSE: SOL) from “overweight” to “neutral...

A report from Morgan Keegan reiterates its Outperform rating and raises its price target from $49 to $51 on Landstar System (NASDAQ: LSTR). The report states, “Landstar beat consensus earnings expectations for the fourth consecutive quarter, with 3Q11 EPS of $0.64 topping estimates of $0.62… We...

Deutsche Bank is out with its report today on Landstar System (NASDAQ: LSTR), raising its PT from $48 to $50. In its report, Deutsche Bank writes, "We have raised our 2011-12E EPS estimates to $2.33 and $2.65 from $2.29 and $2.56. Our increased estimates reflect the Q3 beat and incorporate both...

Pre-open movers US stock futures are higher this morning, as investors are awaiting economic data and earnings reports. Futures on the Dow Jones Industrial Average surged 51 points to 11,876.00 and futures on the S&P 500 stock index rose 6.60 points to 1,253.70. Nasdaq 100 futures gained 10.50...

Piper Jaffray has raised the price target on Landstar System (NASDAQ: LSTR) from $48 to $50 and maintains its Neutral rating.

Kimberly-Clark Corp (NYSE: KMB) reported a 6.3% drop in its Q3 profit. Kimberly-Clark's quarterly profit declined to $458 million, or $1.09 per share, from $489 million, or $1.14 per share, in the year-ago period. On an adjusted basis, Kimberly-Clark's earnings came in at $1.26 per share. Its net...

Landstar System Inc (NASDAQ: LSTR) reported a 45% surge in its Q3 earnings per share and issued upbeat Q4 earnings forecast. Landstar reported its quarterly net income at $30.2 million, or $0.64 per share, up from $21.8 million, or $0.44 per share, in the year-ago quarter. Its revenue gained to $...

Texas Instruments Incorporated (NYSE: TXN) is estimated to report its Q3 EPS at $0.58 on revenue of $3.33 billion. Lorillard Inc (NYSE: LO) is projected to report its Q3 earnings at $2.03 per share on sales of $1.14 billion. Invesco Ltd (NYSE: IVZ) is expected to report its Q3 EPS at $0.41 on...

Piper Jaffray is out with its report today on Landstar System (NASDAQ: LSTR), lowering its PT from $53 to $48. In its report, Piper Jaffray writes, "Retaining Neutral rating. We believe LSTR's mid quarter update commentary was in line to modestly more upbeat than our recent channel checks and...

Piper Jaffray has lowered the price target on Landstar System (NASDAQ: LSTR) from $53 to $48 and maintains its Neutral rating.