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.
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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
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