![](https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2022/06/17/industrial_pic_0.jpg)
- Benchmark analyst Christopher Kuhn initiated coverage of Hub Group Inc (NASDAQ:HUBG) with a Buy rating and a price target of $90, implying an upside of 31%.
- According to the analyst, intermodal volume growth will turn positive in 2022.
- Kuhn anticipates growth to continue in 2022, but he sees margins normalizing in 2023 as pricing eases.
- Price Action: HUBG shares are trading lower by 1.78% at $68.61 on the last check Friday.