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HubSpot price target lowered to $650 from $865 at Argus

Argus lowered the firm’s price target on HubSpot (HUBS) to $650 from $865 and keeps a Buy rating on the shares following the Q2 report. The firm believes the company is seeing traction from its go-to-market and pricing changes. It views HubSpot as a sustained double-digit revenue and earnings growth compounder.

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