Bernstein analyst Firoz Valliji upgraded HubSpot (HUBS) to Outperform from Market Perform with an unchanged price target of $606. The firm sees a more favorable risk/reward with the company’s macro issues stabilizing and the stock’s valuation having come down. Leading indicators are pointing to a growth acceleration in the back half of 2025 for HubSpot, the analyst tells investors in a research note. Bernstein likes the company’s approach to the small business market and ability to capture new customers.
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