UBS Maintains Sell on JB Hunt Transport Servs, Raises Price Target to $172
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Thomas Wadewitz maintains a 'Sell' rating on JB Hunt Transport Servs (NASDAQ:JBHT) but raises the price target from $162 to $172.
July 19, 2023 | 3:32 pm
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NEUTRAL IMPACT
Despite the 'Sell' rating maintained by UBS, the raised price target from $162 to $172 indicates a potential upside for JB Hunt Transport Servs.
The 'Sell' rating suggests that UBS expects JBHT's stock price to underperform. However, the raised price target indicates that they see some potential upside. This mixed signal could lead to uncertainty in the market, potentially keeping the stock price stable in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100