JP Morgan Maintains Overweight Rating for HubSpot: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JP Morgan has maintained its Overweight rating for HubSpot (NYSE:HUBS) and increased its price target from $485.00 to $560.00. HubSpot's shares are currently trading down 0.4% at $541.96 per share. A move to $560.00 would represent a 3.33% increase from the current share price.
September 07, 2023 | 5:00 pm
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JP Morgan's maintained Overweight rating and increased price target for HubSpot could potentially boost investor confidence and positively impact the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. JP Morgan's decision to maintain an Overweight rating and raise the price target for HubSpot indicates a positive outlook for the company, which could potentially lead to an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100