** BofA Global Research raises J B Hunt Transport JBHT.O price target to $171 from $166, a premium of 12% to the stock's last close
** Rating unchanged at "buy"
** BofA says co continues to benefit from strong rail service and intermodal growth in the eastern U.S.
** Notes co plans to grow its dedicated fleet in the second half of 2025, aiming for modest revenue and income gains
** Adds that co's near-term profitability may be pressured by start-up costs tied to new contracts, which typically take several months to normalize
** Average of 27 brokerages rate the stock equivalent to "hold", median PT at $155- data compiled by LSEG
** As of last close, stock had fallen 10.5% YTD
(Reporting by Apratim Sarkar)
((Apratim.Sarkar@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.