Deutsche Bank Reiterates Landstar System

Deutsche Bank reiterates its Landstar System (NASDAQ: LSTR) Buy rating and $54 price target in a research report published today.

In the report, Deutsche Bank states, "We are pleased to see management being opportunistic with share repurchases and expect more transports to follow suit, if they have not already."

Shares of Landstar System were trading at $39.80 at the time of posting, down 1.27% from Monday's market close.