HubSpot shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight and raised its price target from $515 to $610.
Portfolio Pulse from Benzinga Newsdesk
HubSpot's stock (HUBS) is trading higher following an upgrade from Piper Sandler, which changed its rating from Neutral to Overweight and increased the price target from $515 to $610.
December 12, 2023 | 5:17 pm
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POSITIVE IMPACT
HubSpot's stock is likely to experience a positive short term impact due to Piper Sandler's upgrade from Neutral to Overweight and a raised price target from $515 to $610.
Analyst upgrades and raised price targets are strong indicators of a stock's potential performance and can lead to increased investor confidence and buying activity. Piper Sandler's upgrade and price target raise for HUBS are likely to result in a positive perception of the stock's value, potentially driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100