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Fly News Breaks for February 7, 2018
JBHT
Feb 7, 2018 | 06:30 EDT
Deutsche Bank analyst Amit Mehrotra raised his price target for J.B. Hunt to $120 after hosting an investor meeting with management. The analyst raised his 2018 and 2019 earnings estimates by 7% and 12%, respectively, citing a positive outlook for the company's mid-term earnings power. He believes, however, that the stock is already discounting the positive outlook. Mehrotra keeps a Hold rating on J.B. Hunt.
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