** Stephens slashes PT on U.S. trucking company J.B. Hunt Transport Services JBHT.O to $160 from $172
** New PT still shows a premium of 16% from the stocks last close
** Maintains rating at "overweight"
** Brokerage expects co's intermodal volumes to decline in H2 2025 due to soft demand, tough comparisons and a muted peak season, all of which are weighing on growth expectations
** Persistently low truckload rates are undermining intermodal pricing power and margins, despite JBHT's strong service and cost controls, says Stephens
** 14 of 27 brokerages rate the stock "buy" or higher, 12 "hold" and 1 "sell"; their median PT is $157 - data compiled by LSEG
** As of last close, stock has fallen 19.2% YTD
(Reporting by Apratim Sarkar in Bengaluru)
((Apratim.Sarkar@thomsonreuters.com))