Market Overview

UPDATE: Credit Suisse Upgrades J.B. Hunt Transport Services

Related JBHT
Nomura Analysts Initiate Coverage On Transports
Trucking Sector Sinks On Valuation, Growth Outlook
Making Money With Charles Payne: 12/4/14 (Fox Business)

In a report released Wednesday, Credit Suisse analyst Allison Landry upgraded J.B. Hunt Transport Services (NASDAQ: JBHT) from Neutral to Outperform and increased the price target from $78 to $86 per share.

Landry favors J.B. Hunt current valuation based on an increase EBIT base giving 12 percent upside potential. Credit Suisse raised its full-year 2014 EPS estimate from $3.15 to $3.17, full-year 2015 to $3.87 and increased its full year 2016 EPS to $4.25.

Latest Ratings for JBHT

DateFirmActionFromTo
Dec 2014NomuraInitiates Coverage onBuy
Nov 2014Credit SuisseMaintainsOutperform
Nov 2014MacquarieMaintainsNeutral

View More Analyst Ratings for JBHT
View the Latest Analyst Ratings

Posted-In: Allison Landry Credit SuisseUpgrades Price Target Analyst Ratings

 

Related Articles (JBHT)

Around the Web, We're Loving...

Get Benzinga's Newsletters