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Fly News Breaks for November 2, 2016
JBHT
Nov 2, 2016 | 06:32 EDT
Deutsche Bank analyst Amit Mehrotra started J.B. Hunt with a Hold rating and $85 price target.
News For JBHT From the Last 2 Days
JBHT
Apr 18, 2024 | 07:40 EDT
Loop Capital lowered the firm's price target on GXO Logistics (GXO) to $74 from $76 and keeps a Buy rating on the shares as part of a broader research note on Transportation names. The firm is revising its model following a disappointing quarter and commentary from J.B. Hunt (JBHT) this week, the analyst tells investors in a research note.
JBHT
Apr 18, 2024 | 07:32 EDT
BMO Capital lowered the firm's price target on J.B. Hunt to $200 from $218 but keeps an Outperform rating on the shares after its Q1 earnings miss. The company's immediate term is challenged and the current bid season may still prove to be another source of earnings pressure, the analyst tells investors in a research note. BMO adds however that with the Intermodal segment sitting at 15-year lows across margins, EBIT/load, and equipment utilization, the risk/reward appears firmly favorable for long-term investors.