KeyBanc Downgrades Hub Group (HUBG) to Sector Weight

KeyBanc downgraded Hub Group (NASDAQ: HUBG) from Overweight to Sector Weight.

Analyst Rodd Fowler downgrade follows a material difference between the preannounced guidance and the expectations. The company's 2017 guidance of $1.60-$1.80 EPS falls below his teams forecast of $2.35-$2.50.

He lowers FY 2017 EPS from $2.40 to $1.75 and lowers FY 2018 EPS estimate from $2.65 to $2.10.

For an analyst ratings summary and ratings history on Hub Group click here. For more ratings news on Hub Group click here.

Shares of Hub Group closed at $47.25 yesterday.

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