Hub Group price target raised to $49 from $47 at Benchmark

Benchmark analyst Christopher Kuhn raised the firm’s price target on Hub Group (HUBG) (HUBB) to $49 from $47 and keeps a Buy rating on the shares. Given continued growth in west coast loaded import volumes and solid intermodal growth from its main rail partners – Union Pacific (UNP) and Norfolk Southern (NSC) – the firm believes Hub continues to see a pickup in intermodal volume growth, says the analyst, who now bases valuation on 2026 earnings.