BofA analyst Ken Hoexter downgraded the firm price target on JB Hunt (JBHT) to $189 from $206 and maintained a Buy rating on the stock after the company posted adjusted Q4 EPS that were down 18% year over year, but above the company’s target and estimate of the consent of the Street. Following the report, the company lowered its Q1, 2025 and 2026 EPS estimates by 24%, 15% and 16%, respectively, driven by near-term pricing and cost pressures.
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2025-01-18 16:21:00
