Morgan Stanley analyst Elizabeth Porter raised the firm’s price target on HubSpot (HUBS) to $752 from $659 and keeps an Overweight rating on the shares. HubSpot reported about a 3% beat to constant currency revenue guidance and a 5% billings beat versus consensus in what the firm describes as “a solid Q1 print on the back of strong recent outperformance.” Multi-hub momentum, upmarket success and growing AI traction build confidence in the durability of growth, the analyst tells investors.
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