TD Cowen Initiates Coverage On Hubbell with Outperform Rating, Announces Price Target of $338
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Nick Amicucci has initiated coverage on Hubbell (NYSE:HUBB) with an Outperform rating and set a price target of $338.
December 08, 2023 | 10:21 am
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Hubbell receives an Outperform rating from TD Cowen with a price target of $338, indicating a positive outlook from the analyst.
The initiation of coverage by TD Cowen with an Outperform rating typically suggests a bullish view on the stock's future performance. The price target of $338 implies a potential upside from the current trading price, which could attract investor interest and possibly drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100