Baird Maintains Outperform on JB Hunt Transport Servs, Lowers Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Benjamin Hartford maintains an Outperform rating on JB Hunt Transport Servs (JBHT) but lowers the price target from $215 to $205.
April 17, 2024 | 11:40 am
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NEUTRAL IMPACT
Baird maintains an Outperform rating on JB Hunt Transport Servs but lowers the price target from $215 to $205.
While the reduction in price target could suggest a slightly less optimistic view on JBHT's short-term price potential, the maintenance of an Outperform rating indicates continued confidence in the company's performance. This mixed signal could lead to a neutral short-term impact on JBHT's stock price, as investors weigh the lowered price target against the analyst's ongoing bullish stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100