Hub Group price target lowered to $45 from $52 at Stifel
Stifel lowered the firm's price target on Hub Group (HUBG) to $45 from $52 and keeps a Buy rating on the shares. Intermodal pricing is under broad pressure as squishy demand has begotten a softer contracting environment with shippers opportunistically pulling bids forward, but the firm thinks Hub has been managing costs well, and an additional $40M in cost-out offers some cushion, the analyst tells investors in a post-earnings note.
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Read More on HUBG:
Disclaimer & DisclosureReport an Issue
Operational Resilience and Strategic Growth Drive Buy Rating for Hub Group
Hub Group's Q1 2025: Steady Earnings Amid Revenue Dip
Hub Group (HUBG) Q1 Earnings Cheat Sheet
Hub Group Positioned for Growth Amid Challenges: Buy Rating Reaffirmed by Analyst Christopher Kuhn
Hub Group price target lowered to $40 from $49 at Benchmark
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