Wells Fargo Maintains Equal-Weight on Hubbell, Raises Price Target to $455
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Hubbell (NYSE:HUBB) and increased the price target from $445 to $455.
October 30, 2024 | 3:04 pm
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Wells Fargo has maintained its Equal-Weight rating on Hubbell and increased the price target to $455, indicating a positive outlook.
The increase in price target from $445 to $455 by Wells Fargo suggests a positive outlook for Hubbell, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100