Barclays lowered the firm’s price target on Hub Group (HUBG) to $38 from $40 and keeps an Equal Weight rating on the shares. The firm trimmed estimates for the transports group into the Q3 reports citing “weak” industrial growth and continued oversupply.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HUBG:
- Hub Group price target raised to $37 from $36 at Evercore ISI
- Hub Group price target lowered to $42 from $47 at Susquehanna
- Hub Group Positioned for Growth Amid Rail Merger and Operational Efficiency
- Hub Group price target lowered to $42 from $44 at Baird
- Cautious Hold Rating for Hub Group Amid Revenue Decline and Demand Uncertainty