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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100