Hubbell Inc. (HUBB) Tops Q4 EPS by 21c, Offers Guidance

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Go back to Hubbell Inc. (HUBB) Tops Q4 EPS by 21c, Offers Guidance

JPMorgan Upgrades Hubbell (HUBB) to Neutral

February 1, 2023 5:58 AM EST

JPMorgan analyst C. Stephen Tusa Jr. upgraded Hubbell (NYSE: HUBB) from Underweight to Neutral with a price target of $205.00 (from $200.00).

The analyst comments "We upgrade HUBB from Underweight to Neutral following a 4Q print that missed on sales but was in line on core profits, and a 2023 guide that was in line with consensus but below our forecast and what we believe were overly optimistic expectations in the Fall. With the stock having derated... More