J.B. Hunt price target lowered to $189 from $206 at BofA

BofA analyst Ken Hoexter lowered the firm’s price target on J.B. Hunt (JBHT) to $189 from $206 and keeps a Buy rating on the shares after the company posted adjusted Q4 EPS that were down 18% year-over-year, but above the firm’s target and the Street’s consensus estimate. Following the report, the firm lowered its Q1, 2025 and 2026 EPS estimates 24%, 15% and 16%, respectively, led by near-term pricing and cost pressure.

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