Analysts Offer Insights on Industrial Goods Companies: JB Hunt (JBHT) and Caterpillar (CAT)
Analysts fell to the sidelines weighing in on JB Hunt (JBHT) and Caterpillar (CAT) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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JB Hunt (JBHT)
In a report released yesterday, David Vernon from Bernstein maintained a Hold rating on JB Hunt. The company’s shares closed last Monday at $279.46.
According to TipRanks.com, Vernon is a 5-star analyst with an average return of
JB Hunt has an analyst consensus of Moderate Buy, with a price target consensus of $240.89.
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Caterpillar (CAT)
Bernstein analyst Chad Dillard maintained a Hold rating on Caterpillar yesterday and set a price target of $879.00. The company’s shares closed last Monday at $865.36.
According to TipRanks.com, Dillard is a 4-star analyst with an average return of
Currently, the analyst consensus on Caterpillar is a Moderate Buy with an average price target of $982.88, representing a 14.3% upside. In a report released today, UBS also assigned a Hold rating to the stock with a $900.00 price target.
Read More on JBHT:
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- Grading Top-3 Trucking Stocks After Supreme Court Ruling Drives Surge
- FreightWaves founder says truckload spot rates ‘explode’ to 3.50/mile
- J.B. Hunt price target raised to $248 from $239 at Evercore ISI
- J.B. Hunt price target raised to $280 from $250 at BofA
- JB Hunt Shareholders Back Board, Pay and Auditor Choices
