J.B. Hunt upgraded to Outperform from Neutral at Credit Suisse Credit Suisse upgraded J.B. Hunt to Outperform based on valuation and earning momentum. The firm believes J.B. Hunt is well positioned to capitalize on the trend to intermodal from truck given its strong market position and relationships with railroads. Price target raised to $86 from $78.
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.