Analyst's Rating UpgradeAnalyst raises rating on LSTR to Outperform, anticipating a favorable position in a potential freight recovery.
Corporate StrategyWith the arrival of incoming CEO Frank Lonegro, LSTR may accelerate share buybacks, enhancing shareholder value.
Market PerformanceLSTR has a track record of outperforming as truckload (TL) spot rates turn positive, which is expected in the near future.