J.B. Hunt price target raised to $200 from $198 at Goldman Sachs

Goldman Sachs analyst Jordan Alliger raised the firm’s price target on J.B. Hunt (JBHT) to $200 from $198 and keeps a Neutral rating on the shares ahead of its Q1 results next week. The firm is taking a somewhat more conservative stance due to potential weather impacts to intermodal, startup ramp cost timing in Dedicated Contract Services segment, and more squeeze to net revenue in Integrated Capacity Solutions, the analyst tells investors in a research note. The firm is also introducing its 2028 EPS estimate of $9.30, which represents 10% EPS y/y growth, driven by 6% revenue growth and improved margins in intermodal and dedicated, Goldman added.