BMO Capital lowered the firm’s price target on HubSpot (HUBS) to $285 from $385 and keeps an Outperform rating on the shares. The company delivered “solid results”, though the firm is cutting its price target to reflect the ongoing compression in SaaS front office valuations, the analyst tells investors in a research note.
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Read More on HUBS:
- HubSpot price target lowered to $280 from $500 at Cantor Fitzgerald
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- HubSpot price target lowered to $375 from $500 at Stifel
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