JPMorgan analyst Brian Ossenbeck raised the firm’s price target on J.B. Hunt (JBHT) to $180 from $159 and keeps an Overweight rating on the shares following the Q2 report. The firm sees the stock catching “a bit of a relief rally.” Intermodal and truckload groups still have a near-term tailwind from better volume in Q2 while J.B. Hunt’s cost savings program “will help dampen” negative earnings revisions in 2026, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBHT:
- Positive Outlook for J.B. Hunt: Cost Reduction Targets and Market Positioning Drive Buy Rating
- J.B. Hunt’s Market Position: Hold Rating Amid Mixed Performance and Persistent Risks
- J.B. Hunt price target raised to $163 from $150 at Wells Fargo
- Cautious Outlook for JB Hunt Amid Mixed Performance and Inflationary Pressures
- J.B. Hunt price target lowered to $170 from $175 at Citi
