BMO Capital analyst Fadi Chamoun raised his price target on J.B. Hunt to $130 from $127 after meeting with its senior leadership, saying the discussion gave him increased visibility into the company's improving pricing and organic growth trends. The analyst notes that operating margins are also expanding as a result heading into 2019 after reaching cyclical lows across all segments and should continue to improve, "notwithstanding strong cost inflation". Chamoun keeps his Market Perform rating on J.B. Hunt, adding that its current valuation offers investors a "modest margin of safety".