J.B. Hunt (NASDAQ:JBHT) is down just shy of 5% in premarket action after missing on both the top and bottom lines last night. The company took note of poor winter weather and higher salaries.
Morgan Stanley this morning cuts its price target to a Street-low $95 vs. the $105.50 close yesterday and the current $100.30.
Trucking names of interest: U.S. Xpress (NYSE:USX), Heartland Express (NASDAQ:HTLD), Textainer Group (NYSE:TGH), Expeditors International (NASDAQ:EXPD), USA Truck (NASDAQ:USAK), Knight-Swift (NYSE:KNX), Landstar (NASDAQ:LSTR), Werner Enterprises (NASDAQ:WERN).
Previously: J.B. Hunt Transport Services misses by $0.16, misses on revenue (April 15)
Previously: J.B. Hunt Transport -5% after earnings miss (April 15)
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