JP Morgan Maintains Overweight on Hub Group, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has maintained an Overweight rating on Hub Group (NASDAQ:HUBG) but lowered the price target from $109 to $100.
October 11, 2023 | 7:32 pm
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NEUTRAL IMPACT
JP Morgan has maintained an Overweight rating on Hub Group but lowered the price target from $109 to $100.
The news is directly about Hub Group. While the Overweight rating is positive, the lowering of the price target might have a neutral to slightly negative impact on the stock in the short term as it indicates a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100