Barclays lowered the firm’s price target on J.B. Hunt (JBHT) to $135 from $145 and keeps an Equal Weight rating on the shares. The firm trimmed estimates for the transports group into the Q3 reports citing “weak” industrial growth and continued oversupply.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBHT:
- J.B. Hunt price target lowered to $155 from $159 at Evercore ISI
- J.B. Hunt price target lowered to $145 from $157 at Susquehanna
- J.B. Hunt price target lowered to $153 from $171 at BofA
- J.B. Hunt management to meet with Stephens
- Tesla’s big pay proposal for Musk, Wall Street sours on Lululemon: Morning Buzz
