J.B. Hunt price target raised to $278 from $236 at Citi

Citi raised the firm's price target on J.B. Hunt to $278 from $236 and keeps a Neutral rating on the shares. Transports' Q2 earnings are likely to be among the strongest in years, as companies benefit from significantly tighter capacity conditions coupled with moderately improving demand, the analyst tells investors in a preview for the group.