Benchmark lowered the firm’s price target on Hub Group to $95 from $110 and keeps a Buy rating on the shares following the Q1 earnings report. Lower volume in the Intermodal segment is impacting operating profit, the analyst tells investors in a research note. The firm is "disappointed" in the OR degredation, but thinks the stock is attractive at these levels.
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Published first on TheFly
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Read More on HUBG:
- Hub Group price target lowered to $94 from $110 at Stifel
- Hub Group price target lowered to $80 from $86 at Barclays
- Hub Group price target lowered to $85 from $95 at BMO Capital
- Hub Group price target lowered to $116 from $133 at TD Cowen
- Hub Group price target lowered to $95 from $105 at Susquehanna
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