Analysts’ Top Services Picks: LSTR, ULH

By Ryan Adsit

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Landstar System (NASDAQ: LSTR) and Universal Logistics (NASDAQ: ULH) with bullish sentiments.

Landstar System (NASDAQ: LSTR)

Stifel Nicolaus analyst Michael Baudendistel upgraded Landstar System (NASDAQ: LSTR) to Buy today. The company’s shares closed on Friday at $82.30.

According to TipRanks.com, Baudendistel is a 3-star analyst with an average return of 3.6% and a 65.3% success rate. Baudendistel covers the Industrial Goods sector, focusing on stocks such as Wabash National Corp, Freightcar America, and Trinity Industries.

Landstar System has an analyst consensus of Moderate Buy, with a price target consensus of $86.

Universal Logistics (NASDAQ: ULH)

Universal Logistics (NASDAQ: ULH) received a Buy rating from Stifel Nicolaus analyst John Larkin today. The company’s shares closed on Friday at $14.05.

According to TipRanks.com, Larkin is a 4-star analyst with an average return of 8.0% and a 62.7% success rate. Larkin covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Student Transportation.

Universal Logistics has an analyst consensus of Moderate Buy.

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