Piper Sandler Upgrades HubSpot to Overweight, Raises Price Target to $610
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has upgraded HubSpot (NYSE:HUBS) from Neutral to Overweight and increased the price target from $515 to $610, indicating a positive outlook on the company's stock.
December 12, 2023 | 9:43 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Piper Sandler's upgrade of HubSpot to Overweight and price target raise to $610 suggests a strong confidence in the company's future performance.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they reflect an expectation of improved performance and growth prospects for the company. The substantial increase in the price target from $515 to $610 by a reputable analyst like Brent Bracelin is likely to be viewed positively by investors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100