Bernstein raised the firm’s price target on HubSpot (HUBS) to $463 from $448 and keeps an Outperform rating on the shares. The firm notes HubSpot delivered a solid Q4, exactly as it expected in its Preview, with 20% revenue growth and solid margin improvement, particularly in GAAP as they reduce SBC.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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 $300 from $700 at Needham
- HubSpot: Resilient Core Performance but Early-Stage AI Monetization Keeps Rating at Hold
- HubSpot price target lowered to $350 from $600 at Wells Fargo
- HubSpot price target lowered to $485 from $600 at Canaccord
- HubSpot: Strengthening Fundamentals, Improving Profitability, and Attractive Valuation Support Reiterated Buy Rating