Morgan Stanley Maintains Equal-Weight on Hub Group, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has maintained an Equal-Weight rating on Hub Group (NASDAQ:HUBG) and lowered the price target from $89 to $86.
July 31, 2023 | 1:29 pm
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Morgan Stanley has maintained an Equal-Weight rating on Hub Group and lowered the price target from $89 to $86.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Hub Group in the short term as it indicates a lower expected future value of the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100