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HubSpot price target raised to $900 from $825 at Scotiabank

Scotiabank analyst Nick Altmann raised the firm’s price target on HubSpot (HUBS) to $900 from $825 and keeps an Outperform rating on the shares. The company’s billings growth was “nicely ahead” of consensus and the firm sees shares continuing to work despite the stock trading at a premium compared to its peers, the analyst tells investors.

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