Barclays Maintains Equal-Weight on Hubbell, Raises Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell has maintained an Equal-Weight rating on Hubbell (NYSE:HUBB) and increased the price target from $340 to $400.
April 02, 2024 | 6:31 pm
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Barclays has maintained an Equal-Weight rating on Hubbell and raised the price target from $340 to $400.
The increase in price target by Barclays reflects a positive outlook on Hubbell's stock, suggesting potential upside. Given the analyst's influence, this adjustment is likely to be viewed positively by the market, potentially leading to a short-term increase in HUBB's stock price.
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