J.B. Hunt price target lowered to $145 from $157 at Susquehanna

Susquehanna lowered the firm’s price target on J.B. Hunt (JBHT) to $145 from $157 and keeps a Neutral rating on the shares as part of a Q3 earnings preview for the logistics and trucking group. The firm cut estimates across the sector, saying pricing and margin improvement “remain in the distance.” The Q3 supply chain “snap-back” was modest in truckload, the analyst tells investors in a research note.