Morgan Stanley Sees Mixed Factors for J.B. Hunt Transport Services

In a report published Wednesday, Morgan Stanley analyst William J. Greene reiterated an Equal-Weight rating on

. 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.