UPDATE: UBS Upgrades J.B. Hunt Transport Services (JBHT) to Buy

(updated to add analyst comment)

UBS upgraded J.B. Hunt Transport Services (NASDAQ: JBHT) from Neutral to Buy with a price target of $126.00 (from $115.00).

Analyst Thomas Wadewitz sees a combination of NT volume strength and multi-year pricing strength driving performance over the NT and believes the higher valuation will remain well supported.

For an analyst ratings summary and ratings history on J.B. Hunt Transport Services click here. For more ratings news on J.B. Hunt Transport Services click here.

Shares of J.B. Hunt Transport Services closed at $106.58 Friday.

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