JP Morgan Downgrades Hubbell to Neutral, Raises Price Target to $454
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa has downgraded Hubbell from Overweight to Neutral while raising the price target from $385 to $454.
October 10, 2024 | 1:13 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
JP Morgan has downgraded Hubbell from Overweight to Neutral, indicating a more cautious outlook, but raised the price target to $454, suggesting potential for price appreciation.
The downgrade from Overweight to Neutral suggests a less bullish stance by JP Morgan, which could lead to a neutral short-term impact on the stock price. However, the raised price target to $454 indicates potential for price appreciation, balancing the downgrade.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100