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J.B. Hunt price target lowered to $150 from $158 at Stifel

Stifel analyst J. Bruce Chan lowered the firm’s price target on J.B. Hunt (JBHT) to $150 from $158 and keeps a Hold rating on the shares. The company’s bearish tone from last quarter persists, which “makes sense to us given a very choppy fundamental freight setup for the back half of the year,” the analyst tells investors in a post-earnings note.

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