J.B. Hunt price target raised to $78 from $63 at Susquehanna Susquehanna raised its price target on J.B.Hunt following Q4 results. The firm cited yesterday's upside move as an over-reaction and attributed it to short covering. Susquehanna expects the company's intermodal volumes to continue to improve. Shares are Positive rated.
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.