TD Cowen analyst Nick Amicucci raised the firm’s price target on Hubbell to $362 from $347 and keeps an Outperform rating on the shares. The firm said they are relatively cautious into Hubbell’s 4Q23 print, solely due to the implications of its FY24 outlook, rather than any operational hiccups or end-market commentary.
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Read More on HUBB:
- Hubbell price target raised to $330 from $325 at Barclays
- Hubbell announces sale of residential lighting business for $131M
- Hubbell management to meet with Mizuho
- Hubbell Incorporated Completes Acquisition of Systems Control
- TD Cowen starts Hubbell with Outperform on growth trajectory
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