Stifel Maintains Hold on JB Hunt Transport Servs, Raises Price Target to $188
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan has maintained a Hold rating on JB Hunt Transport Services (NASDAQ:JBHT) and increased the price target from $180 to $188.
January 10, 2024 | 3:40 pm
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Stifel analyst J. Bruce Chan reaffirmed a Hold rating on JB Hunt Transport Services and raised the price target to $188, indicating a positive outlook on the stock's value.
The increase in price target by Stifel suggests an improved outlook on JB Hunt Transport Services' stock value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Hold rating indicates that the analyst does not see significant upside or downside in the near term, which tempers the impact of the price target increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100