Stephens & Co. Maintains Overweight on JB Hunt Transport Servs, Lowers Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Justin Long maintains an Overweight rating on JB Hunt Transport Services (JBHT) but lowers the price target from $212 to $210.
April 04, 2024 | 11:40 am
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NEUTRAL IMPACT
Stephens & Co. maintains an Overweight rating on JB Hunt Transport Services but lowers the price target from $212 to $210.
The adjustment in price target by Stephens & Co. reflects a slight change in valuation perspective, likely due to updated analysis or market conditions. However, maintaining the Overweight rating indicates a continued positive outlook on the company's performance. The minor reduction in price target is not expected to have a significant impact on the stock's short-term movement, as the overall positive stance is maintained.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90