BUZZ-Deutsche Bank lifts J.B. Hunt rating to 'buy', hikes PT

Reuters12-11
BUZZ-Deutsche Bank lifts J.B. Hunt rating to 'buy', hikes PT

** Deutsche Bank upgrades rating on U.S. trucking firm J.B. Hunt Transport Services JBHT.O to "buy" from "hold",hikes PT to $227 from $133

** PT is an upside of 14.6% vs. stock's last close

** Brokerage says co stands to gain most from rising truck rates through 2026, encouraging more cost-efficient shifts to JBHT's rail and intermodal transport offerings

** Deutsche Bank expects co's earnings growth to outpace the market over the next two years

** 14 of 25 brokerages rate the stock "buy" or higher, 10 "hold" and 1 "sell"; median PT is $173 - data compiled by LSEG

** As of last close, shares up 16.1% YTD

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))

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