J.B. Hunt price target lowered to $155 from $175 at Susquehanna

Susquehanna analyst Bascome Majors lowered the firm’s price target on J.B. Hunt to $155 from $175 and keeps a Neutral rating on the shares. The firm cut its estimates as management shared more cyclical optimism than in some time on seasonal improvement, but prudently paired a reminder that pricing drives the bottom line and recent annual bids will pressure margins through 1H25.