JPMorgan Upgrades Hubbell Inc (HUB-B) to Overweight

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Oppenheimer Raises PT on Hubbell (HUB-B), Buy on Acuity Brands-Related Weakness

January 9, 2013 8:31 AM EST

Oppenheimer lifted its price target on Outperform-rated Hubbell Inc (NYSE: HUB-B) from $92 to $98, saying the pullback on Acuity Brands, Inc. (NYSE: AYI) provides a buying opportunity.

The firm comments, "HUBB shares pulled back yesterday on softer... More