Hub Group (HUBG) PT Raised to $57 at Stephens Citing Compelling Setup into 2018
Stephens raised its price target on Hub Group (NASDAQ: HUBG) to $57.00 (from $50.00) while maintaining a Overweight rating.
Analyst Justin Long sees a strong peak season boding well for inter-modal pricing and margin expansion, truck brokerage business strength with potential for a tailwind in H1 2018 as contractual business re-prices and an active pipeline.