Susquehanna raised the firm’s price target on Hub Group (HUBG) to $47 from $46 and keeps a Positive rating on the shares. The firm said they narrowed the full-year view which feels prudent and achievable, with new business padding lackluster IM and brokerage demand and expanded cost-savings efforts protecting Logistics’ bottom line. Susquehanna said they remain new-money buyers of Hub Group shares.
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