Barclays Downgrades JB Hunt Transport Servs to Equal-Weight, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandon Oglenski downgraded JB Hunt Transport Services (JBHT) from Overweight to Equal-Weight and reduced the price target from $215 to $200.
April 01, 2024 | 1:03 pm
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Barclays downgraded JB Hunt Transport Services from Overweight to Equal-Weight and lowered the price target from $215 to $200.
The downgrade by Barclays from Overweight to Equal-Weight, along with a reduction in the price target, suggests a less optimistic outlook on JBHT's stock performance in the short term. This could lead to a negative perception among investors, potentially causing a decrease in the stock price.
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