Piper Sandler Maintains Overweight on HubSpot, Raises Price Target to $630
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on HubSpot (NYSE:HUBS) and increased the price target from $610 to $630.
January 02, 2024 | 2:44 pm
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Piper Sandler's analyst Brent Bracelin has reaffirmed an Overweight rating on HubSpot and raised the price target to $630, indicating a positive outlook on the stock.
The increase in price target by Piper Sandler suggests a strong conviction in HubSpot's future performance. This can be seen as a positive signal to investors, potentially leading to a short-term increase in the stock price as market sentiment may be influenced by the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100