Stifel Upgrades Hub Group (HUBG) to Buy
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.
Stifel upgraded Hub Group (NASDAQ: HUBG) from Hold to Buy with and maintains a price target of $44.00.
John Larkin commented, "Hub Group reported 2016 third quarter earnings after market close Wednesday, October 26th that reflected admirable operating performance despite a very challenging operating environment. Numbers had been trimmed a few points and expectations tempered a bit. On Thursday, October 27th, HUBG saw a significant amount of negative trading activity which we think was overdone. We see this as a buying opportunity and are increasing our rating from Hold to Buy. "
Shares of Hub Group closed at $35.75 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UPDATE: Stifel Upgrades Martin Midstream Partners (MMLP) to Buy
- BMO Capital Raises Price Target on Gildan Activewear (GIL) Following Investor Meetings
- Oppenheimer Raises Price Target on Bob Evans Farms (BOBE) Following 2Q EPS Beat
Create E-mail Alert Related CategoriesAnalyst Comments, Analyst EPS Change, Analyst EPS View, Upgrades
Related EntitiesStifel, Earnings
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!