BofA raised the firm’s price target on J.B. Hunt (JBHT) to $175 from $153 and keeps a Buy rating on the shares after the company reported Q3 EPS 20%-plus above the firm’s and Street estimates. Following the report, the firm noted that the company is showing early progress on its plan to reduce $100M in structural costs and raised its 2025 and 2026 EPS estimates 11% and 7%, respectively.
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Read More on JBHT:
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