J.B. Hunt price target lowered to $196 from $211 at UBS

UBS lowered the firm’s price target on J.B. Hunt (JBHT) to $196 from $211 and keeps a Buy rating on the shares. J.B. Hunt reported upside adjusted Q4 EPS excluding a charge, and intermodal volume growth of 5% was strong and in-line with the firm’s forecast, the analyst tells investors in a research note. The firm believes the explicit EBIT guidance points to Q1 EPS of $1.22 vs. consensus of $1.40, a potential source of pressure on the stock.