Analysts at Bank of America Merrill Lynch downgraded shares of J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) to Underperform and lowered the price target to $75 from $81 on Monday.
Ken Hoexter, stated “We lower our opinion to Underperform from Neutral given the overhang of deteriorating rail service by Norfolk Southern, and BNSF's continued poor service,
and the potential to lead to higher than expected costs.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
In addition, asset investment could decrease returns near term. J.B. Hunt management noted that it may be difficult to improve margins over the next few years given cost headwinds.
Shares of J.B. Hunt Services recently traded at $74.92 down 0.57 percent.