Stifel lowered the firm’s price target on HubSpot (HUBS) to $750 from $925 and keeps a Buy rating on the shares. The firm recently spoke with six partners to gauge how HubSpot’s first quarter played out amid the uncertain macro environment and partners highlighted some decision-making delays, the analyst tells investors. Following the checks, the firm maintains its Buy rating, but is lowering its price target due to multiple compression across the group.
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