BMO Capital Maintains Outperform on HubSpot, Raises Price Target to $540
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman has maintained an Outperform rating on HubSpot (NYSE:HUBS) and increased the price target from $520 to $540.
November 30, 2023 | 4:47 pm
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POSITIVE IMPACT
BMO Capital analyst Keith Bachman has reaffirmed HubSpot's Outperform rating and raised the price target from $520 to $540, indicating a positive outlook on the stock.
The increase in price target by BMO Capital suggests a strong conviction in HubSpot's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors and could lead to a short-term increase in the stock price as the market reacts to the positive news.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100