BMO Maintains Outperform Rating on J.B. Hunt (JBHT)

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is one of the 12 Best Logistics Stocks to Buy According to Hedge Funds. On July 16, BMO Capital maintained an “Outperform” rating on J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) and kept the price target at $172.

The firm pointed to J.B. Hunt Transport Services, Inc.’s (NASDAQ:JBHT) recently announced $100 million cost savings plan as a key reason that reduces risk for the company’s future earnings.

BMO Capital’s analysis suggests that J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is on track to see its earnings surpass $10 per share in the next mid-cycle.

Additionally, BMO noted that J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) set a new quarterly record for share repurchases in the second quarter of 2025, which was seen as evidence of “disciplined capital allocation.”

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is an American transportation and logistics company that specializes in freight shipping for customers of all sizes, including global supply chains and small businesses.

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Disclosure: None. This article is originally published at Insider Monkey.