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Fly News Breaks for May 23, 2017
JBHT
May 23, 2017 | 05:54 EDT
JPMorgan analyst Brian Ossenbeck started J.B. Hunt with an Overweight rating and $107 price target. The analyst has a positive outlook on the intermodal sector and believes J.B.'s organic top-line growth will outpace a recovering industry.
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.
JBHT
Apr 17, 2024 | 16:32 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
JBHT
Apr 17, 2024 | 11:59 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
JBHT
Apr 17, 2024 | 08:56 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Alcoa (AA)... To see the rest of the story go to thefly.com. See Story Here
JBHT
Apr 17, 2024 | 06:49 EDT
Susquehanna lowered the firm's price target on J.B. Hunt to $185 from $195 and keeps a Neutral rating on the shares. The firm said they believe long-term investments will deliver meaningful profit growth when demand accelerates and pricing shifts to the company's favor but they don't see a catalyst to ignite that into mid-2024.
JBHT
Apr 17, 2024 | 06:47 EDT
Stephens lowered the firm's price target on J.B. Hunt to $192 from $210 and keeps an Overweight rating on the shares. While the magnitude of the EPS downside was more pronounced than the firm had anticipated, Stephens continues to view J.B. Hunt as "very well positioned over the long term" due to tailwinds from various company-specific benefits and secular growth drivers, the analyst tells investors.
JBHT
Apr 17, 2024 | 06:16 EDT
UBS lowered the firm's price target on J.B. Hunt to $211 from $234 and keeps a Buy rating on the shares. J.B. Hunt's Q1 EPS was a downside surprise despite declining expectations going into the report, the analyst tells investors in a research note. UBS thinks the key underlying driver is continuing weakness in the freight cycle which is causing increased competition and pressure on price and volumes.
JBHT
Apr 17, 2024 | 05:29 EDT
Barclays lowered the firm's price target on J.B. Hunt to $170 from $200 and keeps an Equal Weight rating on the shares following the Q1 report. Weak intermodal volumes and lower pricing materially dragged on margins and set up for a likely significant reduction to market earnings expectations for J.B. Hunt, the analyst tells investors in a research note.