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In a report published Wednesday, Morgan Stanley analyst William J. Greene reiterated an Equal-Weight rating on
J.B. Hunt Transport ServicesJBHT.
In the report, Morgan Stanley noted, “JBHT 2Q results were inline with cons. and mgmt lowered FY14 guid., but shares outperformed as results / new guid. were not as bad as buy-side expectations. We like JBHT's long-term, structural intermodal story, but BN svc issues make shares a show-me story and valuation keeps us EW.”
J.B. Hunt Transport Services closed on Tuesday at $76.94.
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