Hub Group (HUBG) PT Raised to $67 at Cowen

February 5, 2021 6:16 AM EST
Get Alerts HUBG Hot Sheet
Price: $67.25 -0.55%

Rating Summary:
    11 Buy, 15 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 20 | Down: 24 | New: 32
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Cowen analyst Jason Seidl raised the price target on Hub Group (NASDAQ: HUBG) to $67.00 (from $65.00) while maintaining an Outperform rating.

The analyst commented, "HUBG reported 4Q earnings that beat Street expectations on the top line, led by Intermodal and truck brokerage service lines. 2021 outlook of double-digit top line growth and cost pressures lead us to reign in forecasts. However, we are raising our PT as we move to value the company off of 2022 numbers as we have done for all our companies."

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