Morgan Stanley raised the firm’s price target on Hub Group (HUBG) to $46 from $44 and keeps an Equal Weight rating on the shares. The firm adjusted ratings and targets in the freight transportation group as part of its 2026 outlook. It upgraded its freight transportation industry view to Attractive from In-Line for 2026. Risk/rewards are the best they have been since 2020, “even if the coast is not entirely clear,” the analyst tells investors.
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Read More on HUBG:
- Hub Group initiated with an Overweight at Wells Fargo
- Hold Rating for Hub Group Amid Revenue Decline and Operational Challenges
- Hub Group price target raised to $40 from $38 at BMO Capital
- Hub Group’s Earnings Call: Mixed Results and Optimistic Outlook
- Hub Group price target raised to $38 from $37 at Evercore ISI
