Wells Fargo Initiates Coverage On Hubbell with Equal-Weight Rating, Announces Price Target of $531
Wells Fargo analyst Stephen Tusa initiates coverage on Hubbell (NYSE:HUBB) with a Equal-Weight rating and announces Price Target of $531.
Stocks · News reference
8-K filing — HUBBELL INC (HUBB)
Filed: 2026-07-28 AccNo: 0001628280-26-049934 Size: 1 MB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- edgar
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
This Overlooked Grid-Technology Stock Could Be Your Ticket to Millionaire Status
Hubbell, a grid-technology equipment manufacturer, has delivered 425% total returns over the past decade with ~18% annualized returns. The company is benefiting from surging electricity demand driven by data centers, AI, manufacturing, and electrification, which is fueling grid modernization investments. Q2 sales grew 15% organically, and management raised 2026 earnings guidance to $20.25-$20.55 per share. With a 130-year history and 18 consecutive years of dividend increases, Hubbell could offer long-term investors significant wealth-building potential if it maintains strong compounding growth.
Shares of electronic equipment-related companies are trading lower, possibly in reaction to rising oil prices.
Morgan Stanley Maintains Equal-Weight on Hubbell, Raises Price Target to $575