TD Cowen raised the firm’s price target on Hub Group to $54 from $52 and keeps an Outperform rating on the shares. The firm said they reported a 4Q slightly below expectations after adjustments and 2024 outlook came in below their previous forecast and consensus expectations.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on HUBG:
- Hub Group, Inc. Reports Fourth Quarter 2023 Results
- Hub Group price target lowered to $49 from $87 at Susquehanna
- HUBG Earnings this Week: How Will it Perform?
- Hub Group, Inc. Schedules Fourth Quarter 2023 Earnings Conference Call
- Hub Group downgraded to Neutral at Susquehanna on need for estimate cuts