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J.B. Hunt Transport Services (JBHT) Stock Price Target Upped at Credit Suisse

NEW YORK (TheStreet) -- J.B. Hunt Transport Services' (JBHT - Get Report) price target was raised to $96 from $93 at Credit Suisse. The firm has an "outperform" rating on the stock.

The higher price target comes after the Lowell, AR-based trucking and logistics company posted better-than-expected results for the 2016 first quarter yesterday.

Hunt reported earnings of 88 cents per diluted share, beating consensus estimates of 85 cents per share and Credit Suisse's estimate of 86 cents per share. Revenue for the period was $1.53 billion, slightly higher than expectations of $1.52 billion.

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