J.B. Hunt price target raised to $187 from $173 at Loop Capital

Loop Capital raised the firm’s price target on J.B. Hunt to $187 from $173 but keeps a Hold rating on the shares as part of a broader research note on Transportation, updating the firm’s model after the company’s Q3 results. Earnings topped estimates, though “results were a carbon copy of prior quarters” with demand “bad across the board”, the analyst tells investors in a research note.