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JBHT J B Hunt Transport Services News Story

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Benchmark boosts J.B. Hunt PT on intermodal strength

** Benchmark lifts price target on  U.S. trucking firm J.B. Hunt Transport Services JBHT.O to $230 from $220, reiterates "buy" rating

** New PT represents a 5.6% upside to stock's last close

** Benchmark says  strong rail service and tight truckload capacity remain supportive for intermodal growth

     ** Adds North American intermodal volumes were flat year over year in Q1, with domestic lanes outperforming as weak West Coast imports weighed on international traffic

** Separately, Citi also hikes PT to $228 from $221

** 13 of 26 brokerages rate the stock "buy" or higher, 11 "hold" and one "sell"; their median PT is $217.50 - data compiled by LSEG

** As of last close, stock had risen 12% YTD

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))

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