BMO Capital Maintains Outperform on HubSpot, Lowers Price Target to $635
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains an Outperform rating on HubSpot (NYSE:HUBS) but lowers the price target from $710 to $635.

May 09, 2024 | 3:24 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on HubSpot but lowers the price target from $710 to $635.
While the Outperform rating indicates continued confidence in HubSpot's performance, the reduction in price target may reflect adjustments in market expectations or valuation models. This mixed signal could lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100