Susquehanna raised the firm’s price target on Hub Group (HUBG) to $55 from $42 and keeps a Positive rating on the shares. The firm adjusted ratings and price targets in the logistics and trucking group as part of its 2026 outlook. The truckload recovery is taking place on the supply side, and Susquehanna is “shifting to a bullish valuation framework with some nearer-term caution toward chasing shares into softer seasonality,” the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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 $47 from $42 at Baird
- Hub Group price target raised to $48 from $40 at Stifel
- Hub Group price target raised to $46 from $44 at Morgan Stanley
- Hub Group initiated with an Overweight at Wells Fargo
- Hold Rating for Hub Group Amid Revenue Decline and Operational Challenges
