Morgan Stanley Maintains Equal-Weight on Hubbell, Raises Price Target to $445
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Chris Snyder has maintained an Equal-Weight rating on Hubbell (NYSE:HUBB) while raising the price target from $407 to $445.
October 30, 2024 | 5:31 pm
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Morgan Stanley has maintained its Equal-Weight rating on Hubbell and increased the price target from $407 to $445, indicating a positive outlook.
The increase in price target from $407 to $445 by Morgan Stanley 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.
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IMPORTANCE 80
RELEVANCE 100