Hub Group ( (HUBG) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Hub Group’s stock is experiencing movement due to updated estimates in the transport and logistics sector as Q3 reports approach. Analysts have adjusted price targets downward, influenced by factors such as tariffs, trade policy uncertainty, and subdued truckload rates. Nevertheless, the stock holds a Moderate Buy consensus, suggesting potential upside based on current average price targets.
More about Hub Group
YTD Price Performance: -22.29%
Average Trading Volume: 604,340
Technical Sentiment Signal: Sell
Current Market Cap: $2.13B
For further insights into HUBG stock on TipRanks’ Stock Analysis page.
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