BofA raised the firm’s price target on J.B. Hunt (JBHT) to $250 from $225 and keeps a Buy rating on the shares. J.B. Hunt is winning share and exceeding its structural cost takeout estimate in a market that now shows signs of a demand upturn, the analyst tells investors.
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: