Raymond James lowered the firm’s price target on HubSpot (HUBS) to $655 from $825 and keeps an Outperform rating on the shares. The firm views the company’s Q2 performance as “impressive.” The analyst calls the report a “breath of fresh air” and sees opportunity for HubSpot to “flip the AI narrative” with new products coming out at Inbound next month.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HUBS:
- HubSpot price target lowered to $700 from $765 at Canaccord
- HubSpot price target lowered to $675 from $720 at Truist
- HubSpot’s Strong Q2 Performance and Growth Potential: A Buy Recommendation by Joshua Reilly
- HubSpot price target lowered to $775 from $860 at KeyBanc
- HubSpot price target raised to $680 from $675 at Wells Fargo