BUZZ - Stifel upgrades Hub Group to "Hold" as risk-reward profile improves

October 1 - ** Brokerage firm Stifel upgraded its rating on logistics service provider Hub Group (HUBG.N) from "Sell" to "Hold"

**HUBG rose 2.1% premarket, trading at $30.2

**The brokerage stated that the recent share price decline has improved the risk-reward ratio for the stock, enhancing its rebound potential while reducing downside risk

** It pointed out that the freight industry backdrop is improving and said that a better-than-expected fourth quarter performance, as well as a broader freight cycle recovery, could help the company resolve financial reporting issues and return to normal operations

** Out of 11 brokerages, 4 rate the stock “Buy” or higher, and 7 rate it “Hold”; the median target price is $39— data compiled by LSEG

** As of the close of the previous trading session, the stock had dropped 30.6% so far this year

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