Hub Group price target raised to $50 from $40 at Benchmark

Benchmark raised the firm’s price target on Hub Group (HUBG) to $50 from $40 and keeps a Buy rating on the shares as the firm shifts its valuation framework to 2027 earnings. While the firm sees increased risk of a near-term pullback if guidance is conservative or below consensus given recent share price appreciation, the firm remains constructive on the shares on a longer-term basis, the analyst tells investors.