Mode Transportation

Sterne Agee is maintaining its Buy rating and its price target of $42 on Hub Group Inc (NASDAQ: HUBG), claiming that the company's acquisition of Mode Transportation could be more lucrative than being let on. In the report, Sterne Agee writes, “We view the acquisition as a positive given the...

J.P. Morgan has raised its price target from $40 to $46 and maintains its Overweight rating on Hub Group Inc. (NASDAQ: HUBG) based upon the recent acquisition of Exel Transportation Services (ETS, renamed as Mode Transportation). Says J.P. Morgan of the acquisition, “[it] is likely to provide room...