J.B. Hunt price target lowered to $164 from $165 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on J.B. Hunt (JBHT) to $164 from $165 but keeps a Buy rating on the shares. The firm finds it prudent to reduce the company’s Integrated Capacity Solutions segment margin for the second half of 2025 to better calibrate with the weaker second half operating environment in truckload given what may be tougher bid season in truckload and more temperate trajectory on rate recovery, the analyst tells investors in a research note. Goldman adds however that barring a recession, the stock could be at the margin bottom, and with the shares down 7% post earnings, shares now trade at attractive levels versus historical norms.