J.B. Hunt upgraded to Outperform from Market Perform at Bernstein

Bernstein upgraded J.B. Hunt to Outperform from Market Perform with a price target of $329, up from $192. The stock has rallied on better end market conditions, and with earnings geared to follow through an eventual peak in truck rates, its better to be late than on the sidelines, the analyst tells investors in a research note. Demand for Dedicated will also pick up as the cost of seating drivers increases, while the Truck segment remains well below prior peak margins, the firm added.