Wells Fargo Maintains Equal-Weight on Hubbell, Raises Price Target to $351
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Hubbell (NYSE:HUBB) and increased the price target from $300 to $351.

December 19, 2023 | 1:47 pm
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Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Hubbell and raised the price target to $351.
The increase in price target by Wells Fargo suggests a positive outlook on Hubbell's stock value, which could lead to a short-term increase in its stock price. The Equal-Weight rating indicates that the analyst views the stock as fairly valued at its current price, but the raised target implies there may be some room for growth.
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