UBS maintains a 'Buy' on J.B. Hunt Transport Services (JBHT); Higher Yields Lead to Q1 Beat

UBS maintains a 'Buy' on J.B. Hunt Transport Services (NASDAQ: JBHT), PT increased from $49 to $51.

UBS analyst says, "The Hunt story continues to be its ability to command an expanding piece of a growing intermodal market pie. Rising fuel prices and shrinking truck capacity should continue to drive traffic onto the JBHT network for the foreseeable future. On the back of these results we are increasing our 2011 EPS estimate to $2.00 from $1.95, and our 2012 EPS estimate moves to $2.43 from $2.39."

For more ratings news on J.B. Hunt Transport Services click here and for the rating history of J.B. Hunt Transport Services click here.

Shares of J.B. Hunt Transport Services closed at $44.60 yesterday.

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