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

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CFRA Downgrades J.B. Hunt Transport Services (JBHT) to Sell

October 16, 2024 4:19 PM EDT

CFRA analyst Emily Nasseff Mitsch downgraded J.B. Hunt Transport Services (NASDAQ: JBHT) from Hold to Sell with a price target of $151.00 (from $174.00).

The analyst comments "We lower our 12-month target $23 to $151 on a forward P/E of 20.4x our 2025 EPS estimate, in line with the five-year average. We cut our... More