Stephens & Co. Maintains Overweight on JB Hunt Transport Servs, Lowers Price Target to $192
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 $210 to $192.

April 17, 2024 | 11:11 am
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Stephens & Co. maintains an Overweight rating on JB Hunt Transport Services but lowers the price target from $210 to $192.
The adjustment in price target by Stephens & Co. reflects a revised valuation outlook for JB Hunt Transport Services. While the Overweight rating indicates continued confidence in the company's performance, the reduction in price target suggests a tempered growth expectation in the short term. This could lead to mixed reactions in the market, balancing between continued investor confidence and adjusted growth expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100