HubSpot price target raised to $825 from $700 at Scotiabank

Scotiabank analyst Nick Altmann raised the firm’s price target on HubSpot (HUBS) to $825 from $700 and keeps an Outperform rating on the shares. Constructive partner commentary has the firm more confident in HubSpot remaining a “best-of-breed” asset in the software sector, the analyst tells investors. Additionally, secular trends are well intact, and the firm sees shares continuing to work.

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