UBS Downgrades J.B. Hunt (JBHT) to Hold Despite Price Increase
UBS has downgraded J.B. Hunt Transport Services (JBHT) from Buy to Hold, signaling a more cautious stance on the stock amid freight market concerns. Despite the rating downgrade, UBS raised its price target slightly from $155 to $157, reflecting modest valuation adjustments. The firm cited soft freight demand and near-term margin pressure as key reasons for the downgrade, suggesting limited upside potential in the current market environment.