Loop Capital analyst Rick Paterson kept his Buy rating and $121 price target on J.B. Hunt after its Q2 results, with adjusted EPS of $1.37 that excluded a 14c net benefit topping consensus. The analyst notes that industrial transportation volumes have indicated a weakening economy for some time and expectations for the company were low, but the management has given a "constructive" assessment for the second half of 2019, claiming that seasonal volume patters are "reasserting themselves" after the softness driven by "high inventories, weather events, and tariff fears" in the first half.