JP Morgan Maintains Neutral on Hub Group, Raises Price Target to $92
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 $87 to $92.

January 09, 2024 | 2:26 pm
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JP Morgan analyst Brian Ossenbeck maintained a Neutral rating on Hub Group but raised the price target from $87 to $92, indicating a potential upside from the previous target.
The increase in price target by JP Morgan suggests a positive outlook on the stock's value, which could lead to increased investor interest and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target, tempering the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100