BUZZ-Deutsche Bank lifts J.B. Hunt rating to 'buy', hikes PT
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Deutsche Bank has upgraded J.B. Hunt Transport Services to a "buy" rating from "hold" and increased the price target to $227 from $133, indicating a 14.6% upside. The bank cites potential gains from rising truck rates and a shift to rail and intermodal transport. J.B. Hunt's earnings growth is expected to outpace the market over the next two years. Currently, 14 out of 25 brokerages rate the stock as "buy" or higher.
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