Seaport Research lowered the firm’s price target on Hubbell (HUBB) to $420 from $480 and keeps a Buy rating on the shares. The firm believes the company is “uniquely positioned” to capture revenues from grid and electrification investments for multiple years, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HUBB: