Skip to main content

Market Overview

UPDATE: Morgan Stanley Reiterates On Hubbell On Shift Towards Independent Trustee


In a report published Tuesday, Morgan Stanley analyst Nigel Coe reiterated an Overweight rating on Hubbell (NYSE: HUB.B), and raised the price target from $122.00 to $135.00.

In the report, Morgan Stanley noted, “The shift towards an independent trustee for the Hubbell and Roche trusts (~36% voting rights) could signal a subtle yet important tilt in the Board of Directors' thinking between short term and long term value creation. We raise our PT to $135 as we raise the probability of our bull case outcome.”

Hubbell closed on Monday at $122.42.

Latest Ratings for HUB.B

Jun 2012KeyBancInitiates Coverage OnBuy

View More Analyst Ratings for HUB.B
View the Latest Analyst Ratings


Related Articles (HUB.B)

View Comments and Join the Discussion!

Posted-In: Morgan Stanley Nigel CoeAnalyst Color Price Target Analyst Ratings

Latest Ratings

GIKColliers SecuritiesInitiates Coverage On14.0
SANWLake StreetInitiates Coverage On6.0
LILAMorgan StanleyDowngrades15.0
BEJP MorganUpgrades36.0
NEXACredit SuisseUpgrades11.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at