Aspire Biopharma faces potential Nasdaq delisting after compliance shortfall
Investing.com - Truist Securities raised its price target on J.B. Hunt Transport Services (NASDAQ:JBHT), a $13.4 billion transportation company trading at $138.83, to $155.00 from $145.00 on Thursday, while maintaining a Hold rating on the stock.
The price target increase follows strong execution by the transportation company, which resulted in $20 million in quarterly cost savings and a better-than-expected earnings report, according to Truist Securities.
Despite the positive performance, the research firm views the risk-reward profile as balanced, suggesting that near-term upside potential appears to be already priced into the stock.
Truist noted that truckload spot rates began the fourth quarter on an upward trend, but maintained its neutral stance on J.B. Hunt shares.
The firm indicated it would wait for clearer signs of freight demand recovery before taking a more positive view on the transportation company’s stock.
In other recent news, J.B. Hunt Transport Services reported third-quarter earnings per share of $1.76, significantly exceeding the consensus estimate of $1.46. This strong performance was attributed to sequential margin improvement across most segments, as well as faster-than-expected cost savings, despite flat revenue. Analysts have responded positively to these developments, with Evercore ISI raising its price target for J.B. Hunt to $168 from $155, while maintaining an Outperform rating. BMO Capital also increased its price target to $180 from $172, citing the company’s strong execution and progress toward a targeted $100 million in cost savings, with $20 million realized in the third quarter of 2025.
Stifel raised its price target to $147 from $140, maintaining a Hold rating, and noted the impact of cost savings on the earnings beat. The earnings report indicated an 18% improvement in diluted EPS, further highlighting the company’s robust performance. These recent developments have positioned J.B. Hunt favorably in the eyes of analysts, with multiple firms acknowledging its financial achievements and strategic execution.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.