BofA raised the firm’s price target on HubSpot (HUBS) to $850 from $780 and keeps a Buy rating on the shares. After having hosted CEO Yamini Rangan in investor meetings in Boston, the firm remains “bullish” on the durability of growth for HubSpot, the analyst tells investors. The firm has “added confidence” for growth to reaccelerate to mid-20s in an upside case from both AI and a better macro backdrop moving through FY25, the analyst added.
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Read More on HUBS:
- HubSpot price target raised to $865 from $725 at Wolfe Research
- HubSpot price target raised to $775 from $725 at Mizuho
- HubSpot removed from ‘Tactical Outperform’ list at Evercore ISI
- HubSpot price target raised to $880 from $750 at Stifel
- HubSpot to acquire Frame AI, terms undisclosed
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
