Credit Suisse reported on Monday that they have increased their price target for transportation company, J.B. Hunt Transport Services, Inc. (JBHT).

The firm, which currently has a “Neutral” rating on JBHT, has raised its price target on the company to $68. This price target suggests that the stock remain flat at its current price of $67.56.

Analysts have increased their outlook on the company based on intermodal growth.

J.B. Hunt shares were mostly flat during premarket trading Monday. The stock has increased 33% in the past year.

The Bottom Line
Shares of J.B. Hunt Transport Services, Inc.(JBHT) have a 0.89% yield, based on Friday’s closing stock price of $67.56.

J.B. Hunt Transport Services, Inc.(JBHT) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.