Morgan Stanley Maintains Equal-Weight Rating for JB Hunt Transport Servs: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Morgan Stanley has maintained its Equal-Weight rating for JB Hunt Transport Servs (NASDAQ:JBHT) but lowered its price target from $170.00 to $169.00. The current share price of JBHT is $188.52, meaning the new price target represents a 10.35% decrease.
October 02, 2023 | 5:00 pm
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Morgan Stanley has maintained its Equal-Weight rating for JB Hunt Transport Servs but lowered its price target. This could potentially lead to a decrease in the stock's price.
The lowering of the price target by a major financial institution like Morgan Stanley can influence investor sentiment and potentially lead to a decrease in the stock's price. However, the actual impact will depend on various factors including overall market conditions.
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