HubSpot price target lowered to $745 from $815 at Barclays

Barclays lowered the firm’s price target on HubSpot (HUBS) to $745 from $815 and keeps an Overweight rating on the shares. In the short term, the firm expects more investor questions on HubSpot, saying Q1 beat levels and profitability were both lower than what investors are used to and as guidance was not raised excluding currency. The main issue seems macro and management conservatism, the analyst tells investors in a research note.