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Fly News Breaks for January 11, 2018
CP, XPO, GWR, JBHT
Jan 11, 2018 | 06:15 EDT
JPMorgan analyst Brian Ossenbeck downgraded J.B. Hunt (JBHT) to Neutral while raising his price target for the shares to $123 from $120. The analyst sees high rate expectations in the first half of 2018 as well as a "full" valuation when adjusting for the benefits of tax reform. He recommends taking profits at current share levels. Ossenbeck is more positive on Genesee & Wyoming (GWR), XPO Logistics (XPO) and Canadian Pacific (CP). He raised his price target for Overweight-rated XPO to $110 from $85.
News For JBHT;GWR;XPO;CP From the Last 2 Days
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