These Analysts Revise Price Targets On J.B. Hunt Transport Following Weak Q1 Results

J.B. Hunt Transport Services, Inc. JBHT posted downbeat results for its first quarter on Monday.

JB Hunt Transport posted quarterly earnings of $1.89 per share, missing market expectations of $2.02 per share, The company’s quarterly sales came in at $3.23 billion, missing estimates of $3.40 billion.

J.B. Hunt shares dropped 1.8% to $173.55 in the after-hours trading session on Monday.

These analysts made changes to their price targets on J.B. Hunt Transport following earnings announcement.

• Raymond James cut the price target on J.B. Hunt Transport from $200 to $195. Raymond James analyst Patrick Tyler Brown maintained the stock with an Outperform.
• JP Morgan raised the price target on J.B. Hunt Transport from $199 to $200. JP Morgan analyst Brian Ossenbeck maintained a Neutral rating.