Stifel Maintains Buy on HubSpot, Raises Price Target to $625
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane has reaffirmed a Buy rating on HubSpot (NYSE:HUBS) and increased the price target from $600 to $625.
January 11, 2024 | 2:06 pm
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Stifel analyst Parker Lane maintains a Buy rating on HubSpot and raises the price target to $625, indicating a positive outlook on the stock.
The increase in price target by Stifel suggests a strong conviction in HubSpot's future performance, which is likely to be viewed positively by investors. This could lead to a short-term increase in the stock price as market participants react to the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100