Morgan Stanley Maintains Equal-Weight on JB Hunt Transport Servs, Lowers Price Target to $165
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 $169 to $165.
October 18, 2023 | 3:08 pm
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Morgan Stanley has maintained an Equal-Weight rating on JB Hunt Transport Servs and lowered the price target from $169 to $165.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of JB Hunt Transport Servs in the short term. This is because the new price target is lower than the previous one, indicating a less optimistic outlook for the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100