J.B. Hunt price target raised to $200 from $150 at Barclays

Barclays raised the firm’s price target on J.B. Hunt (JBHT) to $200 from $150 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the transportation group as part of a Q4 preview. Truckload rate improvement is encouraging, but the core freight volume recovery is still “hazy,” the analyst tells investors in a research note.