Hub Group: Why I Am Cutting My Stock Price Target By 10%
Hub (HUBG) Seeking Alpha·2024-08-31 04:10
Jetta Productions Inc While there is a freight recession that has significantly affected the financial results of freight and logistics providers, there are some companies that I believe hold compelling upside. Hub Group (NASDAQ:HUBG) is such a name. In May 2024, I initiated coverage for Hub Group with a buy rating and while the outperformance is not spectacular by any means, the stock returned 6.2% compared to a 5.4% for the broader markets. In this report, I will be discussing the most recent earnings whi ...