BMO Capital Reiterates Outperform Rating on J.B. Hunt Transport Services (JBHT)

BMO Capital analyst Fadi Chamoun reiterated an Outperform rating and $195.00 price target on J.B. Hunt Transport Services (NASDAQ: JBHT).

The analyst commented: "Earnings came in above expectations with better results being reported across segments. While we see risk of some demand give back following pull forward of volumes in Q3/24, we are encouraged by local east highway conversion, which we see as indicative of a broader ability to regain share. The primary risk remains the timeline for a recovery in price. Should markets not tighten in the coming months, there is a risk that more material earnings upside will be pushed out to 2026. We rate JBHT Outperform."

For an analyst ratings summary and ratings history on J.B. Hunt Transport Services click here. For more ratings news on J.B. Hunt Transport Services click here.

Shares of J.B. Hunt Transport Services closed at $174.65 yesterday.

You May Also Be Interested In

• CMS targets 15% Medicare lab fee cuts, putting DGX and LH revenue at risk
• BMO Capital Reiterates Market Perform Rating on Axalta Coating Systems (AXTA)
• StoneX Reiterates Buy Rating on Criteo S.A. (CRTO) as Open AI Integration Shows Encouraging Early Signals