Analysts Offer Insights on Services Companies: JB Hunt (NASDAQ: JBHT) and Bed Bath & Beyond (NASDAQ: BBBY)

By Carrie Williams

Companies in the Services sector have received a lot of coverage today as analysts weigh in on JB Hunt (NASDAQ: JBHT) and Bed Bath & Beyond (NASDAQ: BBBY).

JB Hunt (NASDAQ: JBHT)

In a report released yesterday, Todd Fowler from KeyBanc downgraded JB Hunt (NASDAQ: JBHT) to Hold. The company’s shares closed yesterday at $113.09.

According to TipRanks.com, Fowler is a 5-star analyst with an average return of 19.1% and a 69.8% success rate. Fowler covers the Services sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Landstar System Inc.

Currently, the analyst consensus on JB Hunt is Moderate Buy and the average price target is $130.55, representing a 15.4% upside.

In a report issued on April 5, Stifel Nicolaus also maintained a Hold rating on the stock with a $119 price target.
Bed Bath & Beyond (NASDAQ: BBBY)

In a report released yesterday, Bradley Thomas from KeyBanc reiterated a Sell rating on Bed Bath & Beyond (NASDAQ: BBBY), with a price target of $16. The company’s shares closed yesterday at $21.50, close to its 52-week low of $19.07.

According to TipRanks.com, Thomas is a 4-star analyst with an average return of 12.8% and a 69.1% success rate. Thomas covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Kirkland’s, and Big Lots.

Bed Bath & Beyond has an analyst consensus of Hold, with a price target consensus of $21.40.

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