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.
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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
