Wells Fargo Maintains Overweight Rating for HubSpot: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Wells Fargo has maintained its Overweight rating for HubSpot (NYSE:HUBS) but lowered its price target from $600.00 to $550.00. HubSpot's shares are currently trading down 1.57% at $424.26 per share. A move to $550.00 would represent a 29.64% increase from the current share price.
October 24, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wells Fargo has maintained its Overweight rating for HubSpot but lowered its price target. This could potentially lead to a short-term decrease in HubSpot's stock price.
The lowering of the price target by Wells Fargo, a major financial institution, could lead to a decrease in investor confidence in HubSpot, potentially leading to a short-term decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100