Evercore ISI analyst Jonathan Chappell raised the firm’s price target on Hub Group (HUBG) to $38 from $37 and keeps an In Line rating on the shares. Hub Group’s recent earnings aligned with expectations, though guidance was tightened due to softer peak season projections and project delays, the analyst tells investors in a research note. The firm added that, despite being at a low valuation, the company’s core fundamentals need to show improvement for more attractive stock prospects, as current fundamentals aren’t especially compelling.
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