JB Hunt (JBHT) Basks in Sun of Buy Rating as Intermodal Shipping Shows Strength

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Following the company's earnings report, UBS maintained a Buy on J.B. Hunt Transport Services (NASDAQ: JBHT) and raised its price target to $65.00 (from $62.00).

"JB Hunt continues to show the power of its intermodal franchise but also reflects the challenges facing the trucking industry. Given the size and healthy ROIC of intermodal and our view that Hunt will continue to grow that business rapidly (high single digits), we believe JBHT is an attractive stock," said analysts.

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 $54.79 yesterday, with a 52 week range of $38.13-$61.18.

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