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HubSpot price target lowered to $675 from $700 at Wells Fargo

Wells Fargo lowered the firm’s price target on HubSpot (HUBS) to $675 from $700 and keeps an Overweight rating on the shares. The firm remains optimistic on HubSpot’s long-term positioning down-market and eventual product cycle tailwinds, but now sees incremental risk around intensifying competition that could pressure both share trajectory and near-term growth.

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