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Hub Group price target raised to $133 from $121 at Cowen
The Fly

Hub Group price target raised to $133 from $121 at Cowen

Cowen analyst Jason Seidl raised the firm’s price target on Hub Group to $133 from $121 and keeps an Outperform rating on the shares. The analyst said results came in above our forecast and consensus expectations in 4Q even as intermodal volumes experience double-digit declines; a soft start to the year puts volumes weighted in 2H while roll over pricing aids 1H.

Published first on TheFly

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