Morgan Stanley Maintains Equal-Weight on JB Hunt Transport Servs, Lowers Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has maintained an Equal-Weight rating on JB Hunt Transport Servs (NASDAQ:JBHT) and lowered the price target from $172 to $170.
July 06, 2023 | 1:50 pm
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Morgan Stanley has maintained an Equal-Weight rating on JB Hunt Transport Servs and lowered the price target from $172 to $170.
The news is directly about JB Hunt Transport Servs. The lowered price target could indicate a slightly less optimistic outlook for the company, but the maintained Equal-Weight rating suggests that the analyst still sees the stock as fairly valued. This could lead to neutral short-term price movement.
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