Argus analyst John Eade raised the firm’s price target on J.B. Hunt (JBHT) to $165 from $150 and keeps a Buy rating on the shares. J.B. Hunt has been hurt by unfavorable market conditions that have lowered volumes and customer pricing, putting pressure on its margins, yet it continues to take market share, the analyst tells investors in a research note. Market conditions should improve later in 2025 and management believes the company is well-positioned to continue to take market share, Argus says.
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