J.B. Hunt downgraded at BofA/Merrill As previously reported, BofA/Merrill downgraded J.B. Hunt to Neutral from Buy. The firm downgraded shares given service issues at Burlington Northern Santa Fe resulting in lower intermodal load growth forecasts. Price target reduced to $78 from $85.
News For JBHT From The Last 14 Days
Check below for free stories on JBHT the last two weeks.
J.B. Hunt upgraded to Outperform from Neutral at Credit Suisse Credit Suisse upgraded J.B. Hunt to Outperform based on valuation and earning momentum. The firm believes J.B. Hunt is well positioned to capitalize on the trend to intermodal from truck given its strong market position and relationships with railroads. Price target raised to $86 from $78.