** Truist raises PT on global freight forwarder Expeditors International EXPD.N to $120 from $110, new PT represents a premium of 5.3% on stock's last close

** Brokerage says it is raising Q3 estimate for co as growing global trade complexities are boosting demand for its high-margin customs services

** We expect Q3 results for less-than-truckload carriers to show subdued volumes due to ongoing industrial weakness, but strong pricing and disciplined operations should help preserve margin strength- Truist

** Truist lifts Q3 adj. EPS estimates to $1.45 from $1.16

** Brokerage also hikes PT on peer Fedex FDX.N to $285 from $275 and CH Robinson CHRW.O to $150 from $120

** However, cuts United Parcel Service's UPS.N PT to $100 from $120

** 11 of 18 brokerages rate the stock "hold", 7 "sell" or lower; their median PT is $114.50- data compiled by LSEG

** Stock was up 2.9% YTD, as of last close

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))