Truist initiated coverage of J.B. Hunt (JBHT) with a Hold rating and $165 price target J.B. Hunt has nearly doubled its revenue base while EBIT margins have been nearly cut in half since 2015, notes the analyst, who sees limited room for stronger margin expansion amid ongoing pressures in the intermodal freight market.
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Read More on JBHT:
- North American rail traffic up 3.8% for the week ending March 8
- J.B. Hunt initiated with a Hold at Deutsche Bank
- North American rail traffic up 4.2% for the week ending March 1
- North American rail traffic down 8.2% for the week ending February 22
- North American rail traffic down 1.2% for the week ending February 15
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