Canaccord lowered the firm’s price target on HubSpot (HUBS) to $600 from $700 and keeps a Buy rating on the shares. The firm said the Q3 results seemed fine and they continue to view the company is a franchise name in the SMB front-office market and you want to buy those types of names when they are down.
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Read More on HUBS:
- HubSpot price target lowered to $600 from $700 at UBS
- HubSpot price target lowered to $590 from $675 at Piper Sandler
- HubSpot price target lowered to $612 from $717 at Goldman Sachs
- HubSpot price target lowered to $550 from $600 at Stifel
- HubSpot’s Strong Q3 Performance and Strategic Initiatives Justify Buy Rating Despite Minor Setbacks