Trucking

Bank of America reiterated its Neutral rating on JB Hunt Transport Services (NASDAQ: JBHT). At the same time, the rating agency raised its price target on the company's stock from 449 to $53. On Thursday, JBHT closed the day at $47.71.

Dahlman Rose & Co. has published a report on JB Hunt (NASDAQ: JBHT) that showed that the company slightly outperformed expectations. In the report, Dahlman Rose wrote, "JB Hunt met expectations for the second quarter with earnings per share of $0.53, directly in line with both the Street...

On Thursday, YRC Worldwide (NASDAQ: YRCW) released financial projections. YRC predicted that earnings should total $209.8M. That is a figure of more than 3x its 2010 earnings. The company stated, "there can be no assurance that the projected results will be realized or that actual results will...

Citi is out with its report today on J.B. Hunt Transport Services (NASDAQ: JBHT), maintaining Hold. In a note to clients, Citi writes, "We maintain our Hold rating and $50 price target, which is based on 20x multiple of our revised 2012 EPS estimate of $2.50, near the high end of the company's...

Piper Jaffray has published a report on JB Hunt (NASDAQ: JBHT) that shower mediocre results for the 2Q. In the report, Piper Jaffray wrote, "JBHT consolidated 2Q11 revenue outpaced our projection by 4.8% – mostly on stronger pricing – however reported EBIT of $113.4M was 1.1% below our $114.7M...

J.P. Morgan is out with its report today on J.B. Hunt Transport Services (NASDAQ: JBHT), maintaining Overweight. In a note to clients, J.P. Morgan writes, "We are maintaining our EPS estimates and price target for JBHT and despite solid performance of the stock in 2011 we believe upside remains...

Morgan Keegan has lowered the price target on Vitran Corporation (NASDAQ: VTNC) from $20 to $15 and maintains its Outperform rating.

Deutsche Bank has a Buy rating on shares of J. B. Hunt (NASDAQ: JBHT) following the company's earnings report yesterday. It has a $55 price target on shares. In a note to clients, Deutsche Bank writes, "Yesterday after the close, JBHT reported Q2 EPS of $0.53 in line with our estimate and...

Credit Suisse made a number of updates in a research report published today. Freeport-McMoRan Copper & Gold (NYSE: FCX) had its rating assumed with an Outperform rating and a price target of $75. On Thursday, FCX lost 1.17% of its value to end the day at $54.25. Its shares continued to slide...

According to Goldman Sachs, J.B. Hunt Transport Services (NASDAQ: JBHT) reported 2Q11 EPS of $0.53, in line with GS and the consensus estimate. Goldman Sachs said that revenues were 5% above its estimates due to higher intermodal volumes and fuel surcharges. “The operating margin was 50 bp below...

Jefferies has raised its price target from $53 to $55 on J.B. Hunt Transport Services (NASDAQ: JBHT) in light of solid 2Q numbers. Says Jefferies, in its report, “We are raising our estimates and year-end 2011 price target to $55 (from $53) following JBHT's solid 2Q into the company's accelerating...

Jefferies & Company has raised the price target on JB Hunt (NASDAQ: JBHT) from $53 to $55 and maintains its Buy rating.

Goldman Sachs has raised the price target on JB Hunt (NASDAQ: JBHT) from $50 to $52 and maintains its Neutral rating.

Piper Jaffray provided color on the freight sector. In a research report published today, Piper Jaffray named his top picks in the sector. In the report, Piper Jaffray states, “We recommend investors looking to play Transports in this current economic environment own shares of FDX, HUBG, JBHT, UPS...

Bank of America has raised the price objective on JB Hunt (NASDAQ: JBHT) from $49 to $53 and maintains its Neutral rating.