J.B. Hunt price target raised to $215 from $210 at Benchmark

Benchmark raised the firm’s price target on J.B. Hunt to $215 from $210 and keeps a Buy rating on the shares after the company reported a GAAP EPS miss last week due to lower-than-expected operating profit given a pre-tax charge for insurance related items. Excluding the expense, operating profit was higher than the firm’s estimate as was the EPS of $1.85, notes the analyst, who calls this quarter “a glimpse of what the company’s performance can be when intermodal volume returns.”