Market Overview

UPDATE: Jefferies Reiterates Hold Rating, Raises PT on J.B. Hunt Transport Services

Related JBHT
Bank Of America Incrementally Bullish On Transportation Stocks, Upgrades Four Companies To Buy
Merrill Lynch Sees CNI, NSC, JBHT, KNX As Upgraded Buys, Says Companies Are Trading Near Their Floor As negative Incremental Data Subsides
Guru Stocks at 52-Week Lows (GuruFocus)

In a report published Friday, Jefferies reiterated its Hold rating on J.B. Hunt Transport Services (NASDAQ: JBHT), and raised its price target from $63.00 to $70.00.

Jefferies noted, “JBHT shares climbed 6.5% Thursday following its inline 4Q EPS report. Intermodal volumes and margins were both better than expected, easing concerns over a tough freight quarter industry-wide. Valuation keeps us on Hold, although the shares are never cheap.”

J.B. Hunt Transport Services closed on Thursday at $67.57.

Latest Ratings for JBHT

Oct 2015BarclaysMaintainsOverweight
Sep 2015Bank of AmericaUpgradesNeutralBuy
Jul 2015Longbow ResearchUpgradesNeutralBuy

View More Analyst Ratings for JBHT
View the Latest Analyst Ratings

Posted-In: JefferiesAnalyst Color Price Target Analyst Ratings


Related Articles (JBHT)

View Comments and Join the Discussion!

Get Benzinga's Newsletters