JP Morgan Maintains Overweight on JB Hunt Transport Servs, Lowers Price Target to $287
JP Morgan analyst Brian Ossenbeck maintains JB Hunt Transport Servs (NASDAQ:JBHT) with a Overweight and lowers the price target from $313 to $287.
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QUICK SPARK: $6 Diesel Triggers JB Hunt Stock's Worst Day Since March 2020
J.B. Hunt shares plunged 13% after the trucking company warned that third-quarter profit could fall 5%–10% sequentially, citing diesel prices above $6 a gallon versus $3.70 a year ago.
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