J.B. Hunt downgraded at Bernstein As previously reported, Bernstein downgraded J.B. Hunt to Market Perform from Outperform. The firm downgraded shares citing valuation. Price target raised to $75 from $72.
J.B. Hunt upgraded to Buy from Underperform at BofA/Merrill BofA/Merrill upgraded J.B. Hunt two notches to Buy from Underperform and increased its price target to $101 form $79. The firm said J.B. Hunt is benefiting from diversification following stronger than expected Q1 Truckload and Dedicated results and margin strength in three out of four segments.