BUZZ-TD Cowen raises J.B. Hunt PT, sees growth potential in 2026

Reuters01-12
BUZZ-TD Cowen raises J.B. Hunt PT, sees growth potential in 2026

** TD Cowen lifts PT on U.S. trucking firm J.B. Hunt Transport Services JBHT.O to $208 from $152, maintains rating at "hold"

** New PT is an upside of nearly 1% to stock's last close

** Brokerage maintains confidence in JBHT's distinctive strategies to deliver growth in 2026 despite market weakness

** Cuts 2026 EPS forecast to $7.10 from $7.25

** J.B. Hunt's intermodal segment will require significant additional effort in 2026 to address ongoing challenges and unlock growth opportunities - TD Cowen

** JBHT will announce Q4 earnings on Thursday

** 13 of 25 brokerages rate the stock "buy" or higher, 11 "hold" and 1 "sell"; median PT is $177.50 - data compiled by LSEG

** As of last close, JBHT up 13.8% in the past 12 months

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))

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