Stifel Maintains Buy on Hub Group, Raises Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan has reaffirmed a Buy rating on Hub Group (NASDAQ:HUBG) and increased the price target from $99 to $104, indicating a positive outlook on the company's stock.
January 10, 2024 | 3:39 pm
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Stifel analyst J. Bruce Chan has maintained a Buy rating on Hub Group and raised the price target to $104, suggesting a bullish stance on the stock.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100