J.B. Hunt Stock On The Move: Analysts Forecast Big Gains Ahead
J.B. Hunt Transport Services(JBHT) Benzinga·2024-10-19 02:46
The fear of contraction and analysts' sentiment pressured J.B. Hunt JBHT stock to a long-term low earlier this year, but a shift signals the opposite for 2025. The Q3 results weren't robust—far from it—but they came in better than feared. They reaffirmed the longer-term outlook and the reliability of capital returns, spurring analysts to raise their stock price targets and revert to the long-term trend. The critical takeaway is that economic normalization following the COVID-19 pandemic and macroeconomic he ...