TD Cowen lowered the firm’s price target on J.B. Hunt to $181 from $193 and keeps a Hold rating on the shares. The firm said they struck a solemn tone to kick off transport earnings as 1Q results fell well below Cowen’s estimates and consensus expectations despite pushing lower into the print.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBHT:
- JBHT Earnings: Q1 Miss and Margin Headwinds Weigh on Stock
- JBHT Upcoming Earnings Report: What to Expect?
- J.B. Hunt price target lowered to $200 from $216 at Wolfe Research
- J.B. Hunt price target lowered to $210 from $212 at Stephens
- March preliminary North America Class 8 truck orders down 8.7% YoY, ACT says