Argus analyst John Eade raised the firm’s price target on J.B. Hunt (JBHT) to $165 from $150 and keeps a Buy rating on the shares. J.B. Hunt has been hurt by unfavorable market conditions that have lowered volumes and customer pricing, putting pressure on its margins, yet it continues to take market share, the analyst tells investors in a research note. Market conditions should improve later in 2025 and management believes the company is well-positioned to continue to take market share, Argus says.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBHT:
- J.B. Hunt’s Earnings Call: Mixed Results Amid Inflation Challenges
- J.B. Hunt price target lowered to $145 from $150 at Stifel
- J.B. Hunt’s Operational Strengths and Growth Potential Justify Buy Rating
- Fadi Chamoun’s Buy Rating Highlights JB Hunt’s Strong Upside Potential and Cost Management Strategies
- J.B. Hunt price target raised to $180 from $159 at JPMorgan