J.B. Hunt poised for strong 1H13, says Bernstein After J.B. Hunt reported stronger than expected Q4 results, Bernstein thinks the results were positive, and predicts that the company's Intermodal growth will accelerate in the first half of this year. The firm maintains a $71 price target and Outperform rating on the stock.
J.B. Hunt upgraded to Overweight on better pricing at KeyBanc As previously reported, KeyBanc upgraded J.B. Hunt to Overweight from Sector Weight and established a $100 price target. The firm's checks indicate a stable pricing environment, supported by increasing truck rates and constrained capacity, and rail rate increases that are helping pass on cost increases. KeyBanc expects greater margin improvement in 2H and 2016 and views current expectations as more achievable.