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HubSpot price target lowered to $350 from $485 at Canaccord

Canaccord analyst David Hynes lowered the firm’s price target on HubSpot (HUBS) to $350 from $485 and keeps a Buy rating on the shares. The firm said HubSpot’s Spring Spotlight and follow-on investor webinar served to reinforce the company’s existing AI strategy, with the most important updates centered on AI-era discoverability and a more operational set of agents across marketing, sales, and support.

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