UBS analyst Thomas Wadewitz made no change to the firm’s Sell rating or $162 price target on shares of J.B. Hunt following the Q1 results. All of J.B. Hunt’s businesses showed cyclical pressures with the exception of DCS, which delivered "impressive" 33% growth in operating income, the analyst tells investors in a research note.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on JBHT:
- J.B. Hunt price target raised to $200 from $199 at JPMorgan
- J.B. Hunt reports Q1 EPS $1.89, consensus $2.02
- J B Hunt Transport Services options imply 3.9% move in share price post-earnings
- JB Hunt Transport Services (JBHT) Q1 Earnings Cheat Sheet
- JPMorgan places four intermodal, railroads on ‘Negative Catalyst Watch’