Citi analyst Ariel Rosa lowered the firm’s price target on J.B. Hunt (JBHT) to $193 from $204 and keeps a Buy rating on the shares. The company reported “mixed” Q4 results, which indicate a still-weak environment, although there were early signs of improvement, the analyst tells investors in a research note. The firm says J.B. Hunt’s “cautious” Q1 guidance reflects challenges in ramping to meet full-year expectations.
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