JP Morgan Maintains Neutral on Hub Group, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has maintained a Neutral rating on Hub Group (NASDAQ:HUBG) and increased the price target from $84 to $87.
December 21, 2023 | 2:56 pm
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JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on Hub Group but raises the price target from $84 to $87.
The increase in price target by JP Morgan suggests a positive outlook on the performance of Hub Group, which could lead to a short-term increase in the stock price. However, since the rating remains Neutral, the impact may not be as significant as it would be with an upgrade to Overweight or Buy.
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