J.B. Hunt Transport Services, Inc. (JBHT) PT Increased at ISI as Analyst Sees Transport Sector Rebound

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ISI has increased its price target for J.B. Hunt Transport Services, Inc. (JBHT) to $232 from $222, maintaining an Outperform rating due to a projected rebound in the transport sector. The analyst pointed to recent macroeconomic and industry indicators suggesting an end to the extended downturn, leading to confidence in future earnings growth. Additionally, J.B. Hunt announced a dual listing on the Nasdaq Texas exchange, aiming to broaden capital access and leverage its extensive operations.

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