UBS Upgrades JB Hunt Transport Servs to Neutral, Announces $205 Price Target
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Thomas Wadewitz upgraded JB Hunt Transport Services (NASDAQ:JBHT) from Sell to Neutral and set a price target of $205.

December 07, 2023 | 9:56 am
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UBS upgraded JB Hunt Transport Services to Neutral from Sell and established a price target of $205.
An upgrade from Sell to Neutral by a major analyst like UBS generally indicates a more favorable outlook on the stock, which can lead to increased investor confidence and potential stock price appreciation. The announcement of a specific price target provides a benchmark that may influence investor expectations and market sentiment.
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