Hubbell Inc. (HUBB) Tops Q1 EPS by 3c, Offers Outlook

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Hubbell (HUBB) PT Lowered to $140 at Oppenheimer

April 25, 2018 7:14 AM EDT

Oppenheimer lowered its price target on Hubbell (NYSE: HUBB) to $140.00 (from $160.00) while maintaining a Outperform rating.

Analyst Christopher Glynn commented, "HUBB's multiple contraction appears more rash than rational in magnitude and speed, now at 15.4x our adjusted '18E EPS (14x... More